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

EMICO HOLDINGS BERHAD

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

PROPOSED PRIVATE PLACEMENT

We refer to the announcements dated 9 October 2020, 12 October 2020, 15 October 2020, 19 October 2020, 11 December 2020, 17 December 2020, 26 March 2021 and 1 April 2021 ("Announcements").

 

(Unless otherwise defined, the abbreviations used throughout this announcement are the same as those previously defined in the Announcements.)

 

On behalf of the Board, Affin Hwang IB wishes to announce that the Board has on 16 August 2021 ("Price-fixing Date") fixed the issue price for the second tranche of the Proposed Private Placement comprising 3,000,000 Placement Shares at RM0.281 per Placement Share ("Issue Price").

 

The Issue Price represents a discount of RM0.031 or approximately 9.94% to the 5-day volume weighted average market price of Emico Shares up to and including 13 August 2021, being the last market day immediately preceding the Price-Fixing Date, of RM0.312 per Emico Share.

 

This announcement is dated 16 August 2021.






Announcement Info

Company Name EMICO HOLDINGS BERHAD
Stock Name EMICO
Date Announced 16 Aug 2021
Category General Announcement for PLC
Reference Number GA1-14082021-00002




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