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NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING MEGA SUN CITY HOLDINGS BERHAD ("MEGA SUN" OR "COMPANY") SPECIAL ISSUE OF UP TO 34,708,200 NEW ORDINARY SHARES IN MEGA SUN ("SPECIAL ISSUE SHARES") TO INDEPENDENT THIRD PARTY BUMIPUTERA INVESTOR(S) ("SPECIAL ISSUE")

MEGA SUN CITY HOLDINGS BERHAD

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

SPECIAL ISSUE OF UP TO 34,708,200 NEW ORDINARY SHARES IN MEGA SUN ("SPECIAL ISSUE SHARES") TO INDEPENDENT THIRD PARTY BUMIPUTERA INVESTOR(S) ("SPECIAL ISSUE")

Unless stated otherwise, the terms used herein shall carry the same meaning as those defined in the earlier announcements in relation to the above Special Issue.

 

On behalf of the Board of Directors of Mega Sun, M&A Securities Sdn Bhd (“M&A Securities”) is pleased to announce that the Company has fixed the issue price per Special Issue Share at RM0.315.

                                   

The aforementioned issue price of RM0.315 per Special Issue Share represents a discount of approximately 8.93% from the 5-day weighted average market price of Mega Sun Shares from 6 March 2017 to 10 March 2017 of approximately RM0.3459.

 

 

This announcement is dated 13 March 2017.






Announcement Info

Company Name MEGA SUN CITY HOLDINGS BERHAD
Stock Name MEGASUN
Date Announced 13 Mar 2017
Category General Announcement for PLC
Reference Number GA1-13032017-00073




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