MULTIPLE PROPOSALS PESTECH INTERNATIONAL BERHAD ("PESTECH" OR THE "COMPANY")
I. PROPOSED RESTRICTED ISSUE; AND
II. PROPOSED EXEMPTION (COLLECTIVELY REFERRED TO AS THE "PROPOSALS")
PESTECH INTERNATIONAL BERHAD
Unless otherwise defined, the terms used herein shall carry the same meaning as defined in the earlier announcements in relation to the Proposals.
We refer to the announcements dated 24 July 2023, 7 August 2023, 16 August 2023, 29 August 2023 and 13 October 2023 in relation to the Proposals.
On behalf of the Board of Directors of PESTECH, Alliance Islamic Bank Berhad wishes to announce that PESTECH and IJM Corporation Berhad had, on 22 November 2023, mutually agreed to extend the fulfilment of conditions precedent pursuant to the Subscription Agreement to a period not later than 23 February 2024 in view that PESTECH requires more time to fulfill the said conditions precedent.
Save for the above, all other terms and conditions of the Subscription Agreement shall remain in full force and effect.
This announcement is dated 22 November 2023.
