(Unless otherwise defined, the defined terms used in this announcement shall carry the same meanings as defined in the announcements dated 25 October 2021, 1 November 2021, 12 November 2021 and 15 November 2021 in relation to the Private Placement (“Announcements”))
We refer to the Announcements in relation to the Private Placement.
On behalf of the Board of Directors of Samaiden (“Board”), Alliance Investment Bank Berhad wishes to announce that the Board had on 6 December 2021 (“Price-Fixing Date”) fixed the issue price for 4,200,000 Placement Shares, being the first tranche of the Private Placement at RM0.9450 per Placement Share (“Issue Price”).
The Issue Price represents a discount of RM0.1049 or approximately 9.99% to the 5-day volume weighted average market price of Samaiden Shares up to and including 2 December 2021, being the last market day immediately preceding the Price-Fixing Date of RM1.0499 per Samaiden Share.
This announcement is dated 6 December 2021.