NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING TRIVE PROPERTY GROUP BERHAD (''TRIVE'' OR THE ''COMPANY'') PRIVATE PLACEMENT
TRIVE PROPERTY GROUP BERHAD |
Type | Announcement |
Subject | NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) FUND RAISING |
Description | TRIVE PROPERTY GROUP BERHAD (''TRIVE'' OR THE ''COMPANY'') PRIVATE PLACEMENT |
(For consistency, the abbreviations used throughout this announcement shall have the same meanings as defined in the announcement dated 8 November 2019 in relation to the Private Placement, where applicable, unless stated otherwise or defined herein.)
Reference is made to the earlier announcements dated 8 November 2019, 26 November 2019, 24 December 2019, 6 March 2020, 10 March 2020, 26 March 2020, 6 April 2020 and 27 April 2020.
On behalf of the Board, Mercury Securities wishes to announce that the Board has on to-date (“Price-fixing Date”) fixed the issue price for the placement of 253,947,100 Placement Shares at RM0.005 per Placement Share (“Issue Price”).
The Issue Price represents a discount of 9.09% to the 5-day VWAP of Trive Shares up to and including 12 May 2020 of RM0.0055, being the last market day immediately preceding the Price-fixing Date.
This announcement is dated 13 May 2020. |
Announcement Info
Company Name | TRIVE PROPERTY GROUP BERHAD |
Stock Name | TRIVE |
Date Announced | 13 May 2020 |
Category | General Announcement for PLC |
Reference Number | GA1-13052020-00072 |