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NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING ASIA POLY HOLDINGS BERHAD ("ASIA POLY" OR THE "COMPANY") PRIVATE PLACEMENT

ASIA POLY HOLDINGS BERHAD

Type Announcement
Subject NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
FUND RAISING
Description
ASIA POLY HOLDINGS BERHAD ("ASIA POLY" OR THE "COMPANY")

PRIVATE PLACEMENT

The terms used herein, unless the context otherwise stated, bear the same meaning as those defined in the earlier announcements in relation to the Private Placement.

We refer to the earlier announcements dated 24 August 2020, 27 August 2020 and 10 September 2020 in relation to the Private Placement.

On behalf of the Board of Directors of Asia Poly ("Board"), UOB Kay Hian Securities (M) Sdn Bhd wishes to announce that the Board had on 14 September 2020 resolved to fix the issue price for the Private Placement at RM0.415 per Placement Share.

The issue price of RM0.415 per Placement Share represents a discount of approximately 9.61% to the 5-day volume weighted average market price of Asia Poly Shares up to and including 11 September 2020, being the last traded day of Asia Poly Shares immediately preceding the price-fixing date of RM0.4591 per Asia Poly Share.

 

This announcement is dated 14 September 2020.






Announcement Info

Company Name ASIA POLY HOLDINGS BERHAD
Stock Name ASIAPLY
Date Announced 14 Sep 2020
Category General Announcement for PLC
Reference Number GA1-14092020-00060




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