General Announcement for PLC
08/12/2021NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING SILVER RIDGE HOLDINGS BERHAD ("SRHB" OR THE "COMPANY") PROPOSED PRIVATE PLACEMENT
SILVER RIDGE HOLDINGS BHD |
Type | Announcement |
Subject | NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) FUND RAISING |
Description | SILVER RIDGE HOLDINGS BERHAD ("SRHB" OR THE "COMPANY") PROPOSED PRIVATE PLACEMENT |
Unless stated otherwise, the terms used herein shall carry the same meaning as those defined in the earlier announcements in relation to the Proposed Private Placement. We refer to the earlier announcements dated 7 September 2021, 9 September 2021, 29 September 2021 and 4 October 2021 in relation to the Proposed Private Placement. On behalf of the Board, UOBKH wishes to announce that the Board had on 8 December 2021 resolved to fix the issue price for the first tranche of the Proposed Private Placement at RM0.205 per Placement Share. The issue price of RM0.205 per Placement Share represents a discount of approximately 8.89% to the 5-day VWAP of SRHB Shares up to and including 7 December 2021, being the last traded day of SRHB Shares immediately preceding the price-fixing date, of RM0.225 per SRHB Share.
This announcement is dated 8 December 2021. |
Announcement Info
Company Name | SILVER RIDGE HOLDINGS BHD |
Stock Name | SRIDGE |
Date Announced | 08 Dec 2021 |
Category | General Announcement for PLC |
Reference Number | GA1-08122021-00039 |