General Announcement for PLC
01/03/2021NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING DYNACIATE GROUP BERHAD ("DGB" OR "COMPANY") PROPOSED PRIVATE PLACEMENT OF UP TO 20% OF THE TOTAL NUMBER OF ISSUED SHARES IN DGB ("DGB SHARES") (EXCLUDING TREASURY SHARES) ("PROPOSED PRIVATE PLACEMENT")
| DYNACIATE GROUP BERHAD |
| Type | Announcement |
| Subject | NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) FUND RAISING |
| Description | DYNACIATE GROUP BERHAD ("DGB" OR "COMPANY")
PROPOSED PRIVATE PLACEMENT OF UP TO 20% OF THE TOTAL NUMBER OF ISSUED SHARES IN DGB ("DGB SHARES") (EXCLUDING TREASURY SHARES) ("PROPOSED PRIVATE PLACEMENT") |
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We refer to the announcements dated 17 November 2020, 20 November 2020, 24 December 2020 and 31 December 2020 in relation to the Proposed Private Placement (“Announcements”). Unless otherwise defined, the definitions set out in the Announcements shall apply herein. On behalf of DGB, TA Securities wishes to announce that the Board has on 1 March 2021 (“Price-fixing Date”) fixed the issue price for 65,885,500 Placement Shares at RM0.1240 per Placement Share (“Issue Price”). As such, the Issue Price represents a discount of RM0.0129 or approximately 9.42% to the 5-day volume weighted average market price of DGB Share up to and including 26 February 2021, being the last market day immediately preceding the Price-fixing Date of RM0.1369 per DGB Share. This announcement is dated 1 March 2021. |
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Announcement Info
| Company Name | DYNACIATE GROUP BERHAD |
| Stock Name | DYNACIA |
| Date Announced | 01 Mar 2021 |
| Category | General Announcement for PLC |
| Reference Number | GA1-01032021-00023 |