General Announcement for PLC

17/06/2020

NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING SECUREMETRIC BERHAD ("SECUREMETRIC" OR THE "COMPANY") PRIVATE PLACEMENT OF NEW ORDINARY SHARES IN SECUREMETRIC, REPRESENTING UP TO 10% OF THE TOTAL NUMBER OF ISSUED SHARES IN SECUREMETRIC (EXCLUDING TREASURY SHARES, IF ANY) ("PRIVATE PLACEMENT")

SECUREMETRIC BERHAD

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

PRIVATE PLACEMENT OF NEW ORDINARY SHARES IN SECUREMETRIC, REPRESENTING UP TO 10% OF THE TOTAL NUMBER OF ISSUED SHARES IN SECUREMETRIC (EXCLUDING TREASURY SHARES, IF ANY) ("PRIVATE PLACEMENT")

We refer to the announcements made on 21 May 2020, 22 May 2020 and 16 June 2020 in relation to the Private Placement (“Announcements”). Unless otherwise defined, the definitions set out in the Announcements shall apply herein.

 

On behalf of Securemetric, TA Securities wishes to announce that the Board has on 17 June 2020 (“Price-fixing Date”) fixed the issue price for 48,730,000 Placement Shares at RM0.107 each (“Issue Price”).

 

The Issue Price of RM0.107 is at a discount of RM0.0114 or 9.63% to the 5-day volume weighted average market price of Securemetric Shares up to and including 16 June 2020, being the last market day immediately preceding the Price-fixing Date, of RM0.1184 per Securemetric Share.

 

This announcement is dated 17 June 2020.






Announcement Info

Company Name SECUREMETRIC BERHAD
Stock Name SMETRIC
Date Announced 17 Jun 2020
Category General Announcement for PLC
Reference Number GA1-17062020-00037