General Announcement for PLC
05/05/2022NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING FAST ENERGY HOLDINGS BERHAD (FORMERLY KNOWN AS TECHFAST HOLDINGS BERHAD) ("FAST ENERGY" OR THE "COMPANY") PRIVATE PLACEMENT
FAST ENERGY HOLDINGS BERHAD |
Type | Announcement |
Subject | NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) FUND RAISING |
Description | FAST ENERGY HOLDINGS BERHAD (FORMERLY KNOWN AS TECHFAST HOLDINGS BERHAD) ("FAST ENERGY" OR THE "COMPANY") PRIVATE PLACEMENT |
The terms used herein, unless the context otherwise stated, bear the same meaning as those defined in the earlier announcements in relation to the Private Placement. We refer to the earlier announcements dated 11 March 2022, 18 March 2022, 24 March 2022, 28 March 2022, 18 April 2022, 22 April 2022, 25 April 2022 and 5 May 2022 in relation to the Private Placement. On behalf of the Board, UOBKH wishes to announce that the Board had on 5 May 2022 resolved to fix the issue price at RM0.0569 per Placement Share. The issue price of RM0.0569 represents a discount of 9.97% to the 5-day VWAP of Fast Energy Shares up to and including 29 April 2022, being the last traded day of Fast Energy Shares immediately preceding the price-fixing date of RM0.0632 per Fast Energy Share.
This announcement is dated 5 May 2022. |
Announcement Info
Company Name | FAST ENERGY HOLDINGS BERHAD |
Stock Name | FAST |
Date Announced | 05 May 2022 |
Category | General Announcement for PLC |
Reference Number | GA1-05052022-00050 |