Highlights:
add free Download App
premium Premium Account

Last Price Change Volume
Open: Day Range: Prev Close:


NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING ORION IXL BERHAD ("ORION" OR "COMPANY") PROPOSED PRIVATE PLACEMENT OF UP TO 30% OF THE ISSUED ORDINARY SHARES IN ORION

ORION IXL BERHAD

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

PROPOSED PRIVATE PLACEMENT OF UP TO 30% OF THE ISSUED ORDINARY SHARES IN ORION

Unless otherwise defined, the definitions set out in the earlier announcement in relation to the Proposed Private Placement shall apply herein.

 

On behalf of the Board of Directors of Orion, M&A Securities is pleased to announce that the Company has fixed the issue price at RM0.041 per Placement Share to be issued pursuant to the Private Placement.

 

The aforementioned issue price of RM0.041 per Placement Share represents a discount of approximately 9.49% or RM0.0043 to the five (5)-day weighted average market price of Orion Shares from 13 October 2021 to 20 October 2021 of approximately RM0.0453.

 

 

This announcement is dated 21 October 2021.






Announcement Info

Company Name ORION IXL BERHAD
Stock Name ORION
Date Announced 21 Oct 2021
Category General Announcement for PLC
Reference Number GA1-21102021-00078




Close