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KEYASIC

0.055

(%)

NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING Key ASIC Berhad ("Key ASIC" or "Company") Proposed Private Placement

KEY ASIC BERHAD

Type Announcement
Subject NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
FUND RAISING
Description
Key ASIC Berhad ("Key ASIC" or "Company")

Proposed Private Placement

(Unless stated otherwise, abbreviations and definitions used throughout this announcement shall be the same as the announcement in relation to the Proposed Private Placement on 24 October 2017)

 

This announcement should be read in conjunction with the announcements made by KAF IB on behalf of Key ASIC in relation to the Proposed Private Placement on the following dates:-

 

  1. 24 October 2017; and
  2. 25 October 2017; and
  3. 26 October 2017; and
  4. 18 January 2018; and
  5. 26 January 2018; and
  6. 2 February 2018; and
  7. 9 February 2018; and
  8. 27 February 2018; and
  9. 23 May 2018; and
  10. 5 June 2018; and
  11. 6 June 2018; and
  12. 12 July 2018; and
  13. 18 July 2018; and
  14. 20 July 2018; and
  15. 30 July 2018; and
  16. 31 July 2018.

 

On behalf of Key ASIC, KAF IB wishes to announce that the Company has fixed the issue price for the third tranche of the Placement Shares at RM0.1125 per Placement Share.  The issue price of RM0.1125 per Placement Share represents a discount of 10.00% to the five-day VWAP of RM0.1250 per Key ASIC Share up to and including 5 November 2018, being the last market day prior to this price fixing date.

 

This announcement is dated 7 November 2018.






Announcement Info

Company Name KEY ASIC BERHAD
Stock Name KEYASIC
Date Announced 07 Nov 2018
Category General Announcement for PLC
Reference Number GA1-07112018-00077