Investor Relations



Bursa Announcements

Extension Of Time For The Utilisation Of Proceeds Raised From The Initial Public Offering

BackJan 13, 2025

 

Type Announcement
Subject OTHERS
Description AGX Group Berhad ("AGX" or the "Company") - Extension of Time for the Utilisation of Proceeds raised from the Initial Public Offering

Reference is made to the Company's initial public offering ("IPO") prospectus dated 16 January 2024 ("IPO Prospectus"), which was issued in conjunction with the listing of and quotation for the Company's entire issued share capital on the ACE Market of Bursa Malaysia Securities Berhad on 7 February 2024.

The Board of Directors of AGX ("Board") wishes to announce that, after due deliberation, the Board has resolved to extend the timeframe for the utilisation of the proceeds raised from the IPO ("IPO Proceeds") allocated for business expansion, for an additional 12 months, up to 6 February 2026 ("Extension of Time").

Further details of the Extension of Time are set out in the attachment.

 

This announcement is dated 13 January 2025.

 

Please refer attachment below.

 


Announcement Info

Company Name AGX GROUP BERHAD
Stock Name AGX
Date Announced 13 Jan 2025
Category General Announcement for PLC
Reference Number GA1-20122024-00012

Attachments

  1. AGX_-_Extension_of_Time_for_Utilisation_of_IPO_Proceeds_20250113.pdf (Size: 176,660 bytes)