General Announcement for PLC
17/09/2021NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING FEDERAL INTERNATIONAL HOLDINGS BERHAD ("FIHB" OR THE "COMPANY") PRIVATE PLACEMENT OF UP TO 10% OF THE TOTAL NUMBER OF ISSUED SHARES IN FIHB ("PRIVATE PLACEMENT")
FEDERAL INTERNATIONAL HOLDINGS BERHAD |
Type | Announcement |
Subject | NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) FUND RAISING |
Description | FEDERAL INTERNATIONAL HOLDINGS BERHAD ("FIHB" OR THE "COMPANY") PRIVATE PLACEMENT OF UP TO 10% OF THE TOTAL NUMBER OF ISSUED SHARES IN FIHB ("PRIVATE PLACEMENT") |
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, M&A Securities is pleased to announce that the Company has resolved to fix the issue price of the Placement Shares at RM0.6000 per Placement Share to be issued pursuant to the Private Placement.
The aforementioned issue price of RM0.6000 per Placement Share represents a discount of approximately 5.66% or RM0.0360 to the five (5)-day volume weighted average market price of FIHB Shares from 9 September 2021 to 15 September 2021 of approximately RM0.6360 per Share.
This announcement is dated 17 September 2021. |
Announcement Info
Company Name | FEDERAL INTERNATIONAL HOLDINGS BERHAD |
Stock Name | FIHB |
Date Announced | 17 Sep 2021 |
Category | General Announcement for PLC |
Reference Number | GA1-17092021-00098 |
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