NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING MCLEAN TECHNOLOGIES BERHAD ("MCLEAN" OR THE "COMPANY") PRIVATE PLACEMENT OF NEW ORDINARY SHARES IN MCLEAN ("MCLEAN SHARES"), REPRESENTING UP TO 10% OF THE TOTAL NUMBER OF ISSUED MCLEAN SHARES (EXCLUDING ANY TREASURY SHARES) ("PRIVATE PLACEMENT")
| MCLEAN TECHNOLOGIES BERHAD |
| Type | Announcement |
| Subject | NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) FUND RAISING |
| Description | MCLEAN TECHNOLOGIES BERHAD ("MCLEAN" OR THE "COMPANY")
PRIVATE PLACEMENT OF NEW ORDINARY SHARES IN MCLEAN ("MCLEAN SHARES"), REPRESENTING UP TO 10% OF THE TOTAL NUMBER OF ISSUED MCLEAN SHARES (EXCLUDING ANY TREASURY SHARES) ("PRIVATE PLACEMENT") |
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We refer to the announcements made on 10 September 2019, 17 September 2019, 26 September 2019, 27 September 2019 and 6 January 2020 in relation to the Private Placement (“Announcements”). Unless otherwise defined, the definitions set out in the Announcements shall apply herein.
On behalf of MClean, TA Securities wishes to announce that the Board has on 10 January 2020 (“Price-fixing Date”) fixed the issue price for the 10,000,000 Placement Shares at RM0.15 each (“Issue Price”).
The Issue Price of RM0.15 is at a discount of approximately RM0.0097 or 6.07% to the 5-day volume weighted average market price of MClean Shares up to and including 9 January 2020, being the last market day immediately preceding the Price-fixing Date, of RM0.1597 per MClean Share.
This announcement is dated 10 January 2020. |
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Announcement Info
| Company Name | MCLEAN TECHNOLOGIES BERHAD |
| Stock Name | MCLEAN |
| Date Announced | 10 Jan 2020 |
| Category | General Announcement for PLC |
| Reference Number | GA1-10012020-00055 |