General Announcement for PLC

19/02/2021

NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING MESTRON HOLDINGS BERHAD ("MESTRON" OR THE "COMPANY") PRIVATE PLACEMENT OF UP TO 20% OF THE ISSUED ORDINARY SHARES IN MESTRON

MESTRON HOLDINGS BERHAD

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

PRIVATE PLACEMENT OF UP TO 20% OF THE ISSUED ORDINARY SHARES IN MESTRON

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 wishes to announce that the Company has fixed the issue price of the third tranche of the Placement Shares at RM0.1950 each.

 

The aforementioned issue price of RM0.1950 per Placement Share represents a discount of approximately RM0.0211 or 9.76% from the five (5)-day weighted average market price of the Company from 11 February 2021 to 18 February 2021 of approximately RM0.2161 per Share.

 

 

 

This announcement is dated 19 February 2021.



Announcement Info

Company Name MESTRON HOLDINGS BERHAD
Stock Name MESTRON
Date Announced 19 Feb 2021
Category General Announcement for PLC
Reference Number GA1-19022021-00082


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