NetX extends deadline to use remaining rights issue proceeds to November 2027

Bitget2026/11/03 09:09

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NetX Holdings extended the deadline to use RM 19.94 million in remaining Rights Issue with Warrants proceeds by 12 months to November 3, 2027.
Remaining funds comprise RM 11.94 million for GemSpot and GemSpot Lite marketing, with RM 8 million for business intelligence and data analytics systems.
The group will reassess redevelopment timing and scope before committing further spending, retaining the funds’ intended uses while awaiting more favorable commercial conditions.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. NetX Holdings Bhd published the original content used to generate this news brief via Bursa Malaysia (KLSE) (Ref. ID: 3721683) on November 03, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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NetX extends deadline to use remaining rights issue proceeds to November 2027

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