NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING TCS GROUP HOLDINGS BERHAD ("TCS" OR THE "COMPANY") PRIVATE PLACEMENT OF UP TO 10% OF THE TOTAL NUMBER OF ISSUED SHARES OF TCS PURSUANT TO SECTIONS 75 AND 76 OF THE COMPANIES ACT 2016 ("PRIVATE PLACEMENT")
| TCS GROUP HOLDINGS BERHAD |
| Type | Announcement |
| Subject | NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) FUND RAISING |
| Description | TCS GROUP HOLDINGS BERHAD ("TCS" OR THE "COMPANY")
PRIVATE PLACEMENT OF UP TO 10% OF THE TOTAL NUMBER OF ISSUED SHARES OF TCS PURSUANT TO SECTIONS 75 AND 76 OF THE COMPANIES ACT 2016 ("PRIVATE PLACEMENT") |
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The terms used herein, unless the context otherwise stated, bear the same meaning as those defined in the earlier announcements in relation to the Private Placement. We refer to the earlier announcements dated 18 July 2025, 23 July 2025 and 30 July 2025 in relation to the Private Placement. On behalf of the Board, UOBKH wishes to announce that the Board had on 6 August 2025 resolved to fix the issue price for the Private Placement at RM0.1042 per Placement Share. The issue price of RM0.1042 per Placement Share represents a discount of approximately 9.94% to the 5-day volume weighted average market price ("VWAP") of TCS Shares up to and including 5 August 2025, being the last traded day of TCS Shares immediately preceding the price-fixing date of RM0.1157 per TCS Share.
This announcement is dated 6 August 2025. |
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Announcement Info
| Company Name | TCS GROUP HOLDINGS BERHAD |
| Stock Name | TCS |
| Date Announced | 06 Aug 2025 |
| Category | General Announcement for PLC |
| Reference Number | GA1-06082025-00034 |