AEM

0.130

(%)

MULTIPLE PROPOSALS AE MULTI HOLDINGS BERHAD ("AEM" OR THE "COMPANY") (I) PROPOSED PLACEMENT; AND (II) PROPOSED DIVERSIFICATION (COLLECTIVELY REFERRED TO AS THE "PROPOSALS")

AE MULTI HOLDINGS BERHAD

Type Announcement
Subject MULTIPLE PROPOSALS
Description
AE MULTI HOLDINGS BERHAD ("AEM" OR THE "COMPANY")

(I)	PROPOSED PLACEMENT; AND
(II)	PROPOSED DIVERSIFICATION

(COLLECTIVELY REFERRED TO AS THE "PROPOSALS")

We refer to the Company’s announcements made on 20 November 2019, 6 December 2019, 17 December 2019, 24 December 2019, 26 December 2019, 10 January 2020, 21 May 2020, 1 June 2020, 3 June 2020 and 4 June 2020 in relation to the Proposals (“Announcements”). For consistency purposes, all abbreviations used in this announcement shall carry the same meaning as those previously defined in the Announcements, unless otherwise defined herein.

On behalf of the Board, Mercury Securities wishes to announce that the Board had on 22 July 2020 (“Price Fixing Date”) fixed the issue price at RM0.0950 per Placement Share (“Issue Price”).

The Issue Price represents a discount of approximately 5.7% to the 5-day VWAMP of the Shares up to and including 21 July 2020, being the last full trading day immediately prior to the Price Fixing Date of RM0.1007 per Share.

 

This announcement is dated 22 July 2020.






Announcement Info

Company Name AE MULTI HOLDINGS BERHAD
Stock Name AEM
Date Announced 22 Jul 2020
Category General Announcement for PLC
Reference Number GA1-22072020-00053