On behalf of the Board of Directors of NCT (“Board”), AmInvestment Bank Berhad (“AmInvestment Bank”) wishes to announce that the Company proposes to undertake a private placement of up to 10% of the total number of issued ordinary shares in NCT (excluding treasury shares), at any point in time at issue price(s) to be determined and to placee(s) to be identified at a later stage (“Proposed Private Placement”).
Further details of the Proposed Private Placement are set out in the attachment.
This announcement is dated 10 August 2023.