We refer to the announcements made on 5
September 2014, 8 September 2014, 23 October 2014 and 27 October 2014 in
relation to the Private Placement (Announcements).
Unless otherwise defined, the definitions set out in the Announcements shall
apply herein.
On behalf of SerSol, TA Securities
wishes to announce that the Board has on 30 March 2015 (Price-fixing Date) fixed the issue price for the placement of 19,527,000 Placement Shares at RM0.25 per Placement Share (Issue Price).
The Issue
Price represents a premium of approximately RM0.0104 or 4.34% to the five
(5)-day volume weighted average market price of the SerSol Shares up to and
including 27 March 2015, being the last market day immediately
preceding the Price-fixing Date of RM0.2396 per SerSol Share.
This announcement is dated 30 March
2015.