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ACME

0.505

-0.025 (-4.7%)

MULTIPLE PROPOSALS ACME HOLDINGS BERHAD ("ACME" OR "COMPANY") (I) BONUS ISSUE OF WARRANTS; (II) PRIVATE PLACEMENT; (III) MEDAN ACQUISITION; AND (IV) FOCAL ACQUISITION (COLLECTIVELY REFERRED TO AS THE "CORPORATE EXERCISES")

ACME HOLDINGS BERHAD

Type Announcement
Subject MULTIPLE PROPOSALS
Description
ACME HOLDINGS BERHAD ("ACME" OR "COMPANY")

(I)	BONUS ISSUE OF WARRANTS;

(II)	PRIVATE PLACEMENT;

(III)	MEDAN ACQUISITION; AND

(IV)	FOCAL ACQUISITION

(COLLECTIVELY REFERRED TO AS THE "CORPORATE EXERCISES")

We refer to the announcements made on 7 August 2019, 24 September 2019, 14 October 2019, 22 October 2019, 7 November 2019, 28 November 2019, 29 November 2019, 17 December 2019, 24 December 2019, 5 February 2020, 5 March 2020, 10 March 2020, 20 March 2020, 26 March 2020 and 6 August 2020 in relation to the Corporate Exercises (“Announcements”). Unless otherwise defined, the definitions set out in the Announcements shall apply herein.

 

On behalf of ACME, TA Securities wishes to announce that the Board has on 14 September 2020 (“Price-fixing Date”) fixed the issue price for the 2nd and final tranche of the placement of 58,992,000 Placement Shares at RM0.2380 per Placement Share (“Issue Price”).

 

As such, the Issue Price represents a discount of approximately RM0.0009 or 0.38% to the 5-day volume weighted average market price of the ACME Shares up to and including 11 September 2020, being the last market day immediately preceding the Price-fixing Date of RM0.2389 per ACME Share.

 

This announcement is dated 14 September 2020.






Announcement Info

Company Name ACME HOLDINGS BERHAD
Stock Name ACME
Date Announced 14 Sep 2020
Category General Announcement for PLC
Reference Number GA1-14092020-00087