BPURI

0.075

-0.005 (-6.2%)

NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING BINA PURI HOLDINGS BHD ("BINA PURI" OR "COMPANY") PRIVATE PLACEMENT OF NEW ORDINARY SHARES IN BINA PURI ("BINA PURI SHARES"), REPRESENTING NOT MORE THAN 10% OF THE ENLARGED NUMBER OF ISSUED BINA PURI SHARES (EXCLUDING TREASURY SHARES, IF ANY) ("PRIVATE PLACEMENT")

BINA PURI HOLDINGS BHD

Type Announcement
Subject NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
FUND RAISING
Description
BINA PURI HOLDINGS BHD ("BINA PURI" OR "COMPANY")

PRIVATE PLACEMENT OF NEW ORDINARY SHARES IN BINA PURI ("BINA PURI SHARES"), REPRESENTING NOT MORE THAN 10% OF THE ENLARGED NUMBER OF ISSUED BINA PURI SHARES (EXCLUDING TREASURY SHARES, IF ANY) ("PRIVATE PLACEMENT")

We refer to the announcements made on 10 July 2020, 13 July 2020, 14 July 2020 and 17 July 2020 in relation to the Private Placement (“Announcements”). Unless otherwise defined, the definitions set out in the Announcements shall apply herein.

 

On behalf of Bina Puri, TA Securities wishes to announce that the Board has on 20 July 2020 (“Price-fixing Date”) fixed the issue price for the 1st tranche of the placement of 24,000,000 Placement Shares at RM0.065 per Placement Share (“Issue Price”).

 

As such, the Issue Price represents a discount of approximately RM0.0071 or 9.85% to the 5-day volume weighted average market price of the Bina Puri Shares up to and including 17 July 2020, being the last market day immediately preceding the Price-fixing Date of RM0.0721 per Bina Puri Share.

 

 

This announcement is dated 20 July 2020.






Announcement Info

Company Name BINA PURI HOLDINGS BHD
Stock Name BPURI
Date Announced 20 Jul 2020
Category General Announcement for PLC
Reference Number GA1-20072020-00049