General Announcement for PLC

31/12/2020

NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING GPA HOLDINGS BERHAD ("GPA" OR THE "COMPANY") PRIVATE PLACEMENT

GPA HOLDINGS BERHAD

Type Announcement
Subject NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
FUND RAISING
Description
GPA HOLDINGS BERHAD ("GPA" OR THE "COMPANY")

PRIVATE PLACEMENT

(For consistency, the abbreviations and definitions used throughout this announcement shall have the same meanings as those previously defined in the announcement dated 23 December 2020 in relation to the Private Placement, where applicable, unless stated otherwise or defined herein.)

 

Reference is made to the earlier announcements in relation to the Private Placement dated 23 December 2020 and 31 December 2020.

 

On behalf of the Board, Mercury Securities wishes to announce that the Board has on 31 December 2020 (“Price-fixing Date”) fixed the issue price for the placement of 140,000,000 Placement Shares, being the first tranche of the Private Placement, at RM0.108 per Placement Share (“Issue Price”).

 

The Issue Price represents a discount of 10.0% to the 5-day VWAP of the Shares up to and including 30 December 2020 of RM0.12, being the last market day immediately preceding the Price-fixing Date.

 

This announcement is dated 31 December 2020.






Announcement Info

Company Name GPA HOLDINGS BERHAD
Stock Name GPA
Date Announced 31 Dec 2020
Category General Announcement for PLC
Reference Number GA1-31122020-00078


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