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, 8 October 2015 and 29 December 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 21 March 2016 (“Price-fixing Date”) fixed the issue price for the second tranche of the Proposed Private Placement comprising 5,329,700 Placement Shares at RM0.546 per Placement Share (“Issue Price”). The Issue Price represents a discount of approximately RM0.0598 or 9.87% to the five (5)-day volume weighted average market price of the Pentamaster Shares up to and including 18 March 2016, being the last market day immediately preceding the Price-fixing Date of RM 0.6058 per Pentamaster Share. This announcement is dated 21 March 2016. |
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Announcement Info
| Company Name | PENTAMASTER CORPORATION BERHAD |
| Stock Name | PENTA |
| Date Announced | 21 Mar 2016 |
| Category | General Announcement for PLC |
| Reference Number | GA1-21032016-00085 |