NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING ALAM MARITIM RESOURCES BERHAD ("AMRB" OR THE "COMPANY") I. PROPOSED PRIVATE PLACEMENT I; AND II. PROPOSED PRIVATE PLACEMENT II (COLLECTIVELY REFERRED TO AS THE "PROPOSALS")
ALAM MARITIM RESOURCES BERHAD |
Type | Announcement |
Subject | NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) FUND RAISING |
Description | ALAM MARITIM RESOURCES BERHAD ("AMRB" OR THE "COMPANY") I. PROPOSED PRIVATE PLACEMENT I; AND II. PROPOSED PRIVATE PLACEMENT II (COLLECTIVELY REFERRED TO AS THE "PROPOSALS") |
The terms used herein, unless the context otherwise stated, bear the same meaning as those defined in the earlier announcements in relation to the Proposals. We refer to the earlier announcements dated 23 January 2020, 18 March 2020, 10 April 2020, 23 April 2020 and 4 May 2020 in relation to the Private Placement II. On behalf of the Board, UOBKH wishes to announce that the Board had on 17 September 2020 resolved to fix the issue price for the Private Placement II at RM0.0806 per Placement Share II. The issue price of RM0.0806 per Placement Share II represents a discount of approximately 9.94% to the 5-day VWAP of AMRB Shares up to and including 15 September 2020, being the last traded day of AMRB Shares immediately preceding the price-fixing date of RM0.0895 per AMRB Share.
This announcement is dated 17 September 2020. |
Announcement Info
Company Name | ALAM MARITIM RESOURCES BERHAD |
Stock Name | ALAM |
Date Announced | 17 Sep 2020 |
Category | General Announcement for PLC |
Reference Number | GA1-17092020-00058 |