GPACKET

0.040

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NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING GREEN PACKET BERHAD ("GPB" OR THE "COMPANY") PRIVATE PLACEMENT OF UP TO 190,273,400 NEW ORDINARY SHARES OF GPB, PURSUANT TO THE GENERAL MANDATE OBTAINED FROM GPBS SHAREHOLDERS ("PRIVATE PLACEMENT")

GREEN PACKET BERHAD

Type Announcement
Subject NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
FUND RAISING
Description
GREEN PACKET BERHAD ("GPB" OR THE "COMPANY")

PRIVATE PLACEMENT OF UP TO 190,273,400 NEW ORDINARY SHARES OF GPB, PURSUANT TO THE GENERAL MANDATE OBTAINED FROM GPBS SHAREHOLDERS ("PRIVATE PLACEMENT")

We refer to the announcements made on 12 August 2020, 13 August 2020, 25 August 2020 and 1 September 2020 in relation to the Private Placement (“Announcements”). Unless otherwise defined, the definitions set out in the Announcements shall apply herein.

 

On behalf of GPB, TA Securities wishes to announce that the Board has on 20 October 2020 (“Price-fixing Date”) fixed the issue price for 55,000,000 Placement Shares at RM0.50 each (“Issue Price”).

 

The Issue Price of RM0.50 is at a discount of RM0.0015 or 0.30% to the 5-day volume weighted average market price of GPB Shares up to and including 19 October 2020, being the last market day immediately preceding the Price-fixing Date, of RM0.5015 per GPB Share.

 

This announcement is dated 20 October 2020.






Announcement Info

Company Name GREEN PACKET BERHAD
Stock Name GPACKET
Date Announced 20 Oct 2020
Category General Announcement for PLC
Reference Number GA1-20102020-00081