PETALING JAYA, 12 JULY 2022 – Malaysian Genomics Resource Centre Berhad (“Malaysian Genomics” or “the Group”; Bursa: MGRC, 0155), a leading genomics and biopharmaceutical specialist, announced today that the Group is proposing to undertake a private placement of up to 10% of its total number of issued shares or up to 12.42 million new placement shares at an issue price to be determined for third-party investors that will be identified later.
Shareholders had approved in the AGM convened on 30 November 2021 for the Group to issue and allot new shares at any time and at such price as the Board of Directors deemed fit provided the number of new shares does not exceed 10% of the total number of issued shares. The new placement shares will rank equally in all respects with existing Malaysian Genomics shares except they will not be entitled to any dividends, rights, allotments and any other forms of distribution should the entitlement date precede the relevant date of allotment and issuance of the new placement shares.
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The beat, bass, flow, and tempo of music elicit emotions and our deepest desires in a language and way of their own. It boosts creativity and has the power to flip our moods and make us live our lives in the present.
Samuel Lopez, or better known as ‘lost spaces’ in the local scene, is a melomaniac that describes music as an integral part of photographic narration – the mouth of unsaid thoughts. Samuel’s interest in music began at the young age of ten, when he would spill his thoughts onto paper with hopes to share them with the world. Since then, he found himself exploring his desires as a producer, as making music is all he thinks about!
