(Unless otherwise defined, defined terms used in this announcement shall carry the same meanings as defined in the announcements dated 16 February 2015, 18 February 2015 and 13 March 2015 in relation to the Proposed Private Placement 2 ("Announcements"))
We refer to the Announcements in relation to the Proposed Private Placement 2.
On behalf of the Board, Alliance Investment Bank Berhad wishes to announce that the Board had on 7 April 2015 (Price-Fixing Date) fixed the issue price for the placement of up to 8,800,000 Placement Shares at RM5.00 per Placement Share.
The issue price for the Placement Shares of RM5.00 represents a discount of approximately 0.20% to the five (5)-day volume weighted average market price of PESTECH Shares up to and including 6 April 2015 (being the last market day prior to the Price-Fixing Date) of RM5.0101 per PESTECH Share.
This announcement is dated 7 April 2015.