News
New Issue of Securities (Chapter 6 of Listing Requirements) : Fund Raising
| Type | Announcement |
| Subject | NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) FUND RAISING |
| Description |
PENTAMASTER CORPORATION BERHAD ("PENTAMASTER" OR "COMPANY")
PROPOSED PRIVATE PLACEMENT OF UP TO 10% OF THE ISSUED AND PAID-UP SHARE CAPITAL OF PENTAMASTER, TO THIRD PARTY INVESTOR(S) TO BE IDENTIFIED AND AT AN ISSUE PRICE TO BE DETERMINED LATER
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We refer to the announcements made on 9 September 2015, 15 September 2015 and 8 October 2015 in relation to the Proposed Private Placement ("Announcements"). Unless otherwise defined, the definitions set out in the Announcements shall apply herein. On behalf of the Board of Pentamaster, Affin Hwang IB wishes to announce that the Board has on 29 December 2015 ("Price-fixing Date") fixed the issue price for the first tranche of the Proposed Private Placement comprising 3,997,300 Placement Shares at RM0.67 per Placement Share ("Issue Price"). The Issue Price represents a discount of approximately RM0.0654 or 8.89% to the five (5)-day volume weighted average market price of the Pentamaster Shares up to and including 28 December 2015, being the last market day immediately preceding the Price-fixing Date of RM0.7354 per Pentamaster Share. This announcement is dated 29 December 2015. |
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Announcement Info
| Company Name | PENTAMASTER CORPORATION BERHAD |
| Stock Name | PENTA |
| Date Announced | 29 Dec 2015 |
| Category | General Announcement for PLC |
| Reference Number | GA1-29122015-00035 |