(Unless otherwise defined, defined terms used in this announcement shall carry the same meanings as defined in the announcements dated 16 February 2015, 6 March 2015 and 1 April 2015 in relation to the 5th DRP ("Announcements")
We refer to the Announcements in relation to the 5th DRP.
On behalf of the Board of Directors of PESTECH ("Board"), Alliance Investment Bank Berhad ("Alliance") wishes to announce that the issue price for the ordinary shares of RM0.50 each in PESTECH ("New Shares") to be issued pursuant to the 5th DRP has been fixed today (Price Fixing Date) at RM4.38 per Share ("Issue Price"). The Issue Price is computed based on the adjusted volume-weighted average price for the five (5) market days (up to and including 1 April 2015) prior to the Price Fixing Date of approximately RM4.8973 after deducting the interim dividend of RM0.04 per Share and thereafter, applying a discount of approximately 10%.
On behalf of the Board, Alliance also wishes to announce that the Books Closure Date for the interim dividend and 5th DRP shall be 16 April 2015. Barring any unforeseen circumstances, the New Shares are expected to be listed on the Main Market of Bursa Malaysia Securities Berhad by 15 May 2015.
This announcement is dated 2 April 2015.