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. |
Company Name | MCLEAN TECHNOLOGIES BERHAD |
Stock Name | MCLEAN |
Date Announced | 03 Feb 2025 |
Category | General Announcement for PLC |
Reference Number | GA1-03022025-00023 |