NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING AHB HOLDINGS BHD ("AHB" OR THE "COMPANY") (I) PRIVATE PLACEMENT OF UP TO 10% OF THE NUMBER OF ISSUED SHARES OF AHB (EXCLUDING ANY TREASURY SHARES) ("AHB SHARES") PURSUANT TO SECTIONS 75 AND 76 OF THE COMPANIES ACT 2016 ("10% PRIVATE PLACEMENT"); AND (II) PRIVATE PLACEMENT OF UP TO 30% OF THE NUMBER OF ISSUED AHB SHARES (EXCLUDING ANY TREASURY SHARES) ("30% PRIVATE PLACEMENT") (COLLECTIVELY REFERRED TO AS THE "PROPOSALS")
| AHB HOLDINGS BERHAD |
| Type | Announcement |
| Subject | NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) FUND RAISING |
| Description | AHB HOLDINGS BHD ("AHB" OR THE "COMPANY")
(I) PRIVATE PLACEMENT OF UP TO 10% OF THE NUMBER OF ISSUED SHARES OF AHB (EXCLUDING ANY TREASURY SHARES) ("AHB SHARES") PURSUANT TO SECTIONS 75 AND 76 OF THE COMPANIES ACT 2016 ("10% PRIVATE PLACEMENT"); AND
(II) PRIVATE PLACEMENT OF UP TO 30% OF THE NUMBER OF ISSUED AHB SHARES (EXCLUDING ANY TREASURY SHARES) ("30% PRIVATE PLACEMENT")
(COLLECTIVELY REFERRED TO AS THE "PROPOSALS") |
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We refer to the announcements made on 26 July 2019, 29 July 2019, 1 August 2019, 6 November 2019, 15 January 2020, 20 January 2020, 14 April 2020 and 30 April 2020 in relation to the Proposals (“Announcements”). Unless otherwise defined, the definitions set out in the Announcements shall apply herein.
On behalf of AHB, TA Securities wishes to announce that the Board has on 24 July 2020 (“Price-fixing Date”) fixed the issue price for 13,698,600 Placement Shares at RM0.073 each (“Issue Price”).
The Issue Price of RM0.073 is at a discount of RM0.0078 or 9.65% to the 5-day volume weighted average market price of AHB Shares up to and including 23 July 2020, being the last market day immediately preceding the Price-fixing Date, of RM0.0808 per AHB Share.
This announcement is dated 24 July 2020. |
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Announcement Info
| Company Name | AHB HOLDINGS BERHAD |
| Stock Name | AHB |
| Date Announced | 24 Jul 2020 |
| Category | General Announcement for PLC |
| Reference Number | GA1-22072020-00118 |