RSS Feed Email This Print This News

Multiple Proposals

BackFeb 03, 2025
Type Announcement
Subject MULTIPLE PROPOSALS
Description MCLEAN TECHNOLOGIES BERHAD (“MCLEAN” OR “COMPANY”)

(I) PRIVATE PLACEMENT;

(II) ACQUISITION;

(III) DIVERSIFICATION; AND

(IV) SHARE CAPITAL REDUCTION

(COLLECTIVELY, THE “CORPORATE EXERCISE”)

We refer to the announcements made on 8 October 2024, 9 October 2024, 13 November 2024, 22 November 2024, 16 December 2024, 26 December 2024 and 8 January 2025 in relation to the Corporate Exercises (“Announcements”). Unless otherwise defined, the definitions set out in the Announcements shall apply herein.

 

Pursuant to the terms of the SPA, the Conditions Precedent of the SPA are required to be fulfilled within the Conditional Period, i.e. by 7 February 2025.

 

Following the above, the Board wishes to announce that the Company and the Vendor had vide a letter dated 3 February 2025, mutually agreed to extend the Conditional Period for the fulfilment of the Conditions Precedent of the SPA from 7 February 2025 to 7 March 2025.

 

Save for the above, all other terms and conditions in the SPA remain unchanged.

 

This announcement is dated 3 February 2025.


Announcement Info

Company Name MCLEAN TECHNOLOGIES BERHAD
Stock Name MCLEAN
Date Announced 03 Feb 2025
Category General Announcement for PLC
Reference Number GA1-03022025-00023
Please read our General Disclaimer & Warning carefully. Use of this Website constitutes acceptance of the Terms of Website Use.
Copyright © 2025. MalaysiaPLC.com. All Rights Reserved.
Valid XHTMLValid CSS