General Announcement for PLC
02/11/2020NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING OCR GROUP BERHAD (''OCR'' OR THE ''COMPANY'') ISSUANCE AND ALLOTMENT OF UP TO 98,600,000 NEW ORDINARY SHARES IN THE COMPANY TO MACQUARIE BANK LIMITED (''SHARE ISSUANCE'')
OCR GROUP BERHAD |
Type | Announcement |
Subject | NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) FUND RAISING |
Description | OCR GROUP BERHAD (''OCR'' OR THE ''COMPANY'') ISSUANCE AND ALLOTMENT OF UP TO 98,600,000 NEW ORDINARY SHARES IN THE COMPANY TO MACQUARIE BANK LIMITED (''SHARE ISSUANCE'') |
(For consistency, the abbreviations and definitions used throughout this announcement shall have the same meaning as defined in the announcement dated 17 December 2019 in relation to the Share Issuance, where applicable, unless stated otherwise or defined herein.)
The Company had on 30 October 2020 received a Subscription Notice and the Subscription Payment Amount for 20,500,000 Subscription Shares from Macquarie Bank. Accordingly, the Company had on 2 November 2020 allotted and issued 20,500,000 Subscription Shares at an issue price of RM0.2260 to Macquarie Bank. The listing date for the 20,500,000 Subscription Shares is expected to be on 3 November 2020.
Following the above, the Share Issuance shall be deemed completed upon the listing and quotation of such Subscription Shares on 3 November 2020. The Company wishes to inform that the 98,600,000 Subscription Shares under the Share Issuance have been fully subscribed by Macquarie Bank and the Company has raised total proceeds of RM24.22 million from the Share Issuance.
This announcement is dated 2 November 2020. |
Announcement Info
Company Name | OCR GROUP BERHAD |
Stock Name | OCR |
Date Announced | 02 Nov 2020 |
Category | General Announcement for PLC |
Reference Number | GA1-02112020-00110 |