General Announcement for PLC

31/10/2017

NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING EVERSENDAI CORPORATION BERHAD ("EVERSENDAI" OR THE "COMPANY") PRIVATE PLACEMENT OF UP TO 10% OF THE TOTAL NUMBER OF ISSUED SHARES OF EVERSENDAI (EXCLUDING TREASURY SHARES) ("PRIVATE PLACEMENT")

EVERSENDAI CORPORATION BERHAD

Type Announcement
Subject NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
FUND RAISING
Description
EVERSENDAI CORPORATION BERHAD ("EVERSENDAI" OR THE "COMPANY")

PRIVATE PLACEMENT OF UP TO 10% OF THE TOTAL NUMBER OF ISSUED SHARES OF EVERSENDAI (EXCLUDING TREASURY SHARES) ("PRIVATE PLACEMENT")

We refer to the announcements dated 15 August 2017, 16 August 2017 and 21 August 2017 in relation to the Private Placement. Unless otherwise defined, the definitions set out in the announcement dated 15 August 2017 shall apply herein.

On behalf of the Board, RHB Investment Bank wishes to announce that the Company had on 31 October 2017 received the 6th Subscription Notice from Macquarie Bank for the subscription of 500,000 Eversendai Shares at a subscription price of RM0.90. The said subscription price of RM0.90 represents a discount of approximately 2.92% to the 5-day VWAP of Eversendai Shares during the 5 consecutive Trading Days up to and including 30 October 2017 of RM0.9271.

 

This announcement is dated 31 October 2017.






Announcement Info

Company Name EVERSENDAI CORPORATION BERHAD
Stock Name SENDAI
Date Announced 31 Oct 2017
Category General Announcement for PLC
Reference Number GA1-31102017-00188