MULTIPLE PROPOSALS SC ESTATE BUILDER BERHAD ("SCBUILD/0109" OR "COMPANY") (I) JOINT VENTURE; AND (II) PRIVATE PLACEMENT (COLLECTIVELY REFERRED TO AS THE "PROPOSALS")
| SC ESTATE BUILDER BERHAD |
| Type | Announcement |
| Subject | MULTIPLE PROPOSALS |
| Description | SC ESTATE BUILDER BERHAD ("SCBUILD/0109" OR "COMPANY")
(I) JOINT VENTURE; AND
(II) PRIVATE PLACEMENT
(COLLECTIVELY REFERRED TO AS THE "PROPOSALS") |
|
Unless otherwise defined in this announcement, all abbreviations used in this announcement are defined in the previous announcements in relation to the Proposals.
On behalf of the Board, M & A Securities is pleased to announce that the Company has fixed the issue price of the first tranche of the Placement Shares at RM0.0043 per Placement Share to be issued pursuant to the Private Placement (“Price-Fixing Date”).
The aforementioned issue price represents a discount of approximately RM0.0010 or 18.87% from the 5D-VWAMP of SCBUILD/0109 Shares from 10 September 2025 to 18 September 2025, being the market day immediately preceding the Price-Fixing Date of approximately RM0.0053 per Placement Share.
This announcement is dated 19 September 2025.
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Announcement Info
| Company Name | SC ESTATE BUILDER BERHAD |
| Stock Name | SCBUILD |
| Date Announced | 19 Sep 2025 |
| Category | General Announcement for PLC |
| Reference Number | GA1-19092025-00061 |