Extension Of Timeframe Of The Utilisation Of Proceeds Raised From The Initial Public Offering
| Type | Announcement |
| Subject | OTHERS |
| Description | MYMBN BERHAD ("MYMBN" OR "COMPANY") EXTENSION OF TIMEFRAME OF THE UTILISATION OF PROCEEDS RAISED FROM THE INITIAL PUBLIC OFFERING |
Unless otherwise defined in this announcement, all terms used herein shall have the same meaning those defined in the Prospectus of MYMBN dated 30 June 2023 (“Prospectus”).
Reference is made to the proposed utilisation of initial public offering ("IPO") proceeds as disclosed in the Company’s Prospectus. The Company has raised gross proceeds of RM20.58 million from its IPO ("IPO Proceeds").
The Board of Directors (“Board”) of MYMBN wishes to announce that it has deliberated and resolved to extend the timeframe for the remaining utilisation of IPO Proceeds allocated to the renovation and fit out works of the New Facility and setting up of three (3) bird’s nests collection centres in East Malaysia of RM2.77 million and RM1.64 million respectively.
Please refer to the attachment for full text of announcement.
This announcement is dated 26 May 2025.
Please refer attachment below.
Announcement Info
| Company Name | MYMBN BERHAD |
| Stock Name | MBN |
| Date Announced | 26 May 2025 |
| Category | General Announcement for PLC |
| Reference Number | GA1-20052025-00011 |
Attachments
- MYMBN_-_Extension_of_timeframe_for_utilisation_of_IPO_Proceeds.pdf (Size: 187,165 bytes)