On behalf of the Board of Directors of Eonmetall, Inter-Pacific Securities Sdn Bhd wishes to announce that the Company proposes to undertake a private placement of up to 27,698,700 new ordinary shares in Eonmetall (“Shares”), representing up to 10% of the existing total number of issued Shares (excluding treasury shares), to independent third-party investor(s) to be identified later at an issue price to be determined later (“Proposed Private Placement”).
Please refer to the attachment for further details on the Proposed Private Placement.
This announcement is dated 24 September 2024.