General Announcement for PLC

22/04/2022

NEW 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

We refer to the earlier announcements dated 11 March 2022, 18 March 2022, 24 March 2022, 28 March 2022, 18 April 2022 and 22 April 2022 in relation to the Private Placement.

On behalf of the Board, UOBKH wishes to announce that the Board had on 22 April 2022 resolved to fix the issue price at RM0.054 per Placement Share.

The issue price of RM0.054 represents a discount of 10.00% to the 5-day VWAP of Fast Energy Shares up to and including 21 April 2022, being the last traded day of Fast Energy Shares immediately preceding the price-fixing date of RM0.060 per Fast Energy Share.

 

This announcement is dated 22 April 2022.



Announcement Info

Company Name FAST ENERGY HOLDINGS BERHAD
Stock Name FAST
Date Announced 22 Apr 2022
Category General Announcement for PLC
Reference Number GA1-22042022-00051


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Date Title
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