General Announcement for PLC

30/12/2021

NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING SERSOL BERHAD ("SERSOL") PRIVATE PLACEMENT II

SERSOL BERHAD

Type Announcement
Subject NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
FUND RAISING
Description 
SERSOL BERHAD ("SERSOL")

PRIVATE PLACEMENT II

We refer to the announcements made on 20 May 2021, 21 May 2021, 24 June 2021, 30 June 2021, 29 July 2021, 14 December 2021, 17 December 2021, 22 December 2021 and 28 December 2021 in relation to the Private Placement II (“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 had on 30 December 2021 (“Price-fixing Date”) fixed the issue price for the Placement Shares at RM0.325 each (“Issue Price”) in relation to the Private Placement II.

 

The Issue Price represents a discount of approximately 19.77% to the 5-day volume weighted average market price of Sersol Shares up to and including 29 December 2021 (being the last market day immediately preceding the Price-fixing Date) of RM0.4051 per Sersol Share.

 

This announcement is dated 30 December 2021.



Announcement Info

Company Name SERSOL BERHAD
Stock Name SERSOL
Date Announced 30 Dec 2021
Category General Announcement for PLC
Reference Number GA1-30122021-00068


Related Announcements for SERSOL
Date Title
05/07/2022 MULTIPLE PROPOSALS SERSOL BERHAD ("SERSOL" OR "COMPANY") I. BONUS ISSUE OF SHARES; AND II. FREE WARRANTS ISSUE (COLLECTIVELY REFERRED TO AS THE "PROPOSALS")
04/07/2022 MULTIPLE PROPOSALS SERSOL BERHAD ("SERSOL" OR "COMPANY") I. BONUS ISSUE OF SHARES; AND II. FREE WARRANTS ISSUE (COLLECTIVELY REFERRED TO AS THE "PROPOSALS")
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23/06/2022 NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING SERSOL BERHAD ("SERSOL") PRIVATE PLACEMENT I
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28/04/2022 MULTIPLE PROPOSALS SERSOL BERHAD ("SERSOL" OR "COMPANY") I. PROPOSED BONUS ISSUE OF SHARES; AND II. PROPOSED FREE WARRANTS ISSUE (COLLECTIVELY REFERRED TO AS THE "PROPOSALS")
13/04/2022 MULTIPLE PROPOSALS SERSOL BERHAD ("SERSOL" OR "COMPANY") I. PROPOSED BONUS ISSUE OF SHARES; AND II. PROPOSED FREE WARRANTS ISSUE (COLLECTIVELY REFERRED TO AS THE "PROPOSALS")