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NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING GPA HOLDINGS BERHAD ("GPA" OR THE "COMPANY") PRIVATE PLACEMENT

GPA HOLDINGS BERHAD

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

PRIVATE PLACEMENT

(For consistency, the abbreviations and definitions used throughout this announcement shall have the same meanings as those previously defined in the announcement dated 1 September 2020 in relation to the Private Placement, where applicable, unless stated otherwise or defined herein.)

 

Reference is made to the earlier announcements in relation to the Private Placement dated 1 September 2020, 8 September 2020, 23 September 2020, 8 October 2020, 12 October 2020, 24 November 2020, 1 December 2020, 4 December 2020 and 8 December 2020.

 

On behalf of the Board, Mercury Securities wishes to announce that the Board has on 9 December 2020 (“Price-fixing Date”) fixed the issue price for the placement of 50,146,000 Placement Shares, being the last tranche of the Private Placement, at RM0.1310 per Placement Share (“Issue Price”).

 

The Issue Price represents a discount of 19.83% to the 5-day VWAP of the Shares up to and including 8 December 2020 of RM0.1634, being the last market day immediately preceding the Price-fixing Date.

 

This announcement is dated 9 December 2020.






Announcement Info

Company Name GPA HOLDINGS BERHAD
Stock Name GPA
Date Announced 09 Dec 2020
Category General Announcement for PLC
Reference Number GA1-09122020-00081