(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, 15 November 2021, 6 December 2021 and 15 December 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 16 February 2022 (“Price-Fixing Date”) fixed the issue price for 16,800,000 Placement Shares, being the second and last tranche of the Private Placement at RM1.27 per Placement Share (“Issue Price”).
The Issue Price represents a discount of RM0.0742 or approximately 5.52% to the 5-day volume weighted average market price of Samaiden Shares up to and including 15 February 2022, being the last market day immediately preceding the Price-Fixing Date of RM1.3442 per Samaiden Share.
This announcement is dated 16 February 2022.