General Announcement for PLC
16/10/2020NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING SEDANIA INNOVATOR BERHAD ("SIB" OR THE "COMPANY") PRIVATE PLACEMENT OF UP TO 20% OF THE ISSUED SHARES IN SIB
SEDANIA INNOVATOR BERHAD |
Type | Announcement |
Subject | NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) FUND RAISING |
Description | SEDANIA INNOVATOR BERHAD ("SIB" OR THE "COMPANY") PRIVATE PLACEMENT OF UP TO 20% OF THE ISSUED SHARES IN SIB |
(Unless otherwise defined in this announcement, all terms used herein shall have the same meaning as those defined in the previous announcements in relation to the Private Placement)
On behalf of the Board of Directors of SIB, M&A Securities Sdn Bhd is pleased to announce that the Company has fixed the issue price of the Placement Shares at RM0.132 per Placement Share to be issued pursuant to the Private Placement.
The aforementioned issue price of RM0.132 per Placement Share represents a discount of approximately RM0.0145 or 9.89% from the five (5)-day volume weighted average market price of SIB from 9 October 2020 to 15 October 2020 of approximately RM0.1465 per Placement Share.
This announcement is dated 16 October 2020. |
Announcement Info
Company Name | SEDANIA INNOVATOR BERHAD |
Stock Name | SEDANIA |
Date Announced | 16 Oct 2020 |
Category | General Announcement for PLC |
Reference Number | GA1-16102020-00058 |
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