NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING BIOALPHA HOLDINGS BERHAD ("BIOALPHA" OR THE "COMPANY") PRIVATE PLACEMENT OF NEW ORDINARY SHARES IN BIOALPHA, REPRESENTING UP TO 10% OF THE ENLARGED NUMBER OF ISSUED SHARES OF BIOALPHA (EXCLUDING TREASURY SHARES) ("PROPOSED PRIVATE PLACEMENT")
| BIOALPHA HOLDINGS BERHAD |
| Type | Announcement |
| Subject | NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) FUND RAISING |
| Description | BIOALPHA HOLDINGS BERHAD ("BIOALPHA" OR THE "COMPANY")
PRIVATE PLACEMENT OF NEW ORDINARY SHARES IN BIOALPHA, REPRESENTING UP TO 10% OF THE ENLARGED NUMBER OF ISSUED SHARES OF BIOALPHA (EXCLUDING TREASURY SHARES) ("PROPOSED PRIVATE PLACEMENT") |
|
We refer to the announcements made on 4 June 2020, 5 June 2020, 17 June 2020 and 29 June 2020 in relation to the Proposed Private Placement (“Announcements”). Unless otherwise defined, the definitions set out in the Announcements shall apply herein. On behalf of Bioalpha, TA Securities wishes to announce that the Board has on 6 July 2020 (“Price-fixing Date”) fixed the issue price for the 2nd tranche of 25,000,000 Placement Shares at RM0.105 each (“Issue Price”). The Issue Price of RM0.105 is at a discount of approximately RM0.0064 or 5.75% to the 5-day volume weighted average market price of Bioalpha Shares up to and including 3 July 2020, being the last market day immediately preceding the Price-fixing Date, of RM0.1114 per Bioalpha Share. This announcement is dated 6 July 2020. |
|
Announcement Info
| Company Name | BIOALPHA HOLDINGS BERHAD |
| Stock Name | BIOHLDG |
| Date Announced | 06 Jul 2020 |
| Category | General Announcement for PLC |
| Reference Number | GA1-06072020-00028 |