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NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING SCOPE INDUSTRIES BERHAD ("SCOPE" OR "COMPANY") PROPOSED PRIVATE PLACEMENT OF UP TO 10% OF THE ISSUED AND PAID-UP SHARE CAPITAL OF SCOPE

SCOPE INDUSTRIES BERHAD

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

PROPOSED PRIVATE PLACEMENT OF UP TO 10% OF THE ISSUED AND PAID-UP SHARE CAPITAL OF SCOPE

This announcement is dated 28 August 2015.

Reference is made to Scope’s announcements dated 17 August 2015, 18 August 2015, 19 August 2015 and 24 August 2015 in relation to the Proposed Private Placement (“Announcements”).

Unless otherwise stated, defined terms in this announcement shall carry the same meanings as defined in the Announcements.

On behalf of the Board of Directors of Scope, AmInvestment Bank Berhad wishes to announce that the Company has fixed the issue price at RM0.16 for the Proposed Private Placement. For information purposes, the said issue price represents a premium of approximately 6.67% over the five (5)-day volume weighted average market price of Scope Shares up to 27 August 2015 of RM0.15. (Source: Bloomberg).

The issue size will be announced once finalised.






Announcement Info

Company Name SCOPE INDUSTRIES BERHAD
Stock Name SCOPE
Date Announced 28 Aug 2015
Category General Announcement for PLC
Reference Number GA1-28082015-00039




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