WMG

0.210

(%)

NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING WMG HOLDINGS BHD. ("WMG" OR "COMPANY") SPECIAL ISSUE OF UP TO 55,070,000 NEW ORDINARY SHARES IN WMG TO BUMIPUTERA INVESTORS TO BE IDENTIFIED AND RECOGNISED BY THE MINISTRY OF INTERNATIONAL TRADE AND INDUSTRY ("SPECIAL ISSUE")

WMG HOLDINGS BERHAD

Type Announcement
Subject NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
FUND RAISING
Description
WMG HOLDINGS BHD. ("WMG" OR "COMPANY")

SPECIAL ISSUE OF UP TO 55,070,000 NEW ORDINARY SHARES IN WMG TO BUMIPUTERA INVESTORS TO BE IDENTIFIED AND RECOGNISED BY THE MINISTRY OF INTERNATIONAL TRADE AND INDUSTRY ("SPECIAL ISSUE")

(Unless otherwise defined, defined terms used in this announcement shall carry the same meanings as defined in the announcements dated 31 January 2020, 18 March 2020, 3 June 2020, 14 August 2020, 8 September 2020, 2 October 2020, 6 October 2020, 13 October 2020, 23 October 2020, 26 October 2020, 6 November 2020, 11 November 2020 and 17 November 2020 in relation to the Special Issue.)

 

On behalf of the Board of Directors of WMG (“Board”), Alliance Investment Bank Berhad wishes to announce that the Board had on 2 December 2020 (“Price-Fixing Date”) fixed the issue price for the second (2nd) tranche of the Special Issue Shares at RM0.12 per Special Issue Share (“Issue Price”).

 

The Issue Price represents a discount of RM0.0067 or approximately 5.29% to the 5-day volume weighted average market price of WMG Shares up to and including 1 December 2020, being the last market day immediately preceding the Price-Fixing Date of RM0.1267 per WMG Share.

 

 

This announcement is dated 2 December 2020.






Announcement Info

Company Name WMG HOLDINGS BERHAD
Stock Name WMG
Date Announced 02 Dec 2020
Category General Announcement for PLC
Reference Number GA1-02122020-00030