SCBUILD

0.015

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NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING SC ESTATE BUILDER BERHAD ("SCBUILD/0109" OR THE "COMPANY") PROPOSED PRIVATE PLACEMENT OF UP TO 10% OF THE TOTAL NUMBER OF ISSUED SHARES OF SCBUILD/0109 ("PROPOSED PRIVATE PLACEMENT")

SC ESTATE BUILDER BERHAD

Type Announcement
Subject NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
FUND RAISING
Description
SC ESTATE BUILDER BERHAD ("SCBUILD/0109" OR THE "COMPANY")

PROPOSED PRIVATE PLACEMENT OF UP TO 10% OF THE TOTAL NUMBER OF ISSUED SHARES OF SCBUILD/0109 ("PROPOSED PRIVATE PLACEMENT")

Unless stated otherwise, the terms used herein shall carry the same meaning as those defined in the earlier announcements in relation to the Proposed Private Placement.

We refer to the earlier announcements dated 2 October 2020, 9 October 2020, 20 October 2020 and 21 October 2020 in relation to the Proposed Private Placement.

On behalf of the Board, UOBKH wishes to announce that the Board had on 4 November 2020 resolved to fix the issue price for the Proposed Private Placement at RM0.0404 per Placement Share.

The issue price of RM0.0404 per Placement Share represents a discount of approximately 9.82% to the 5-day VWAP of SCBUILD/0109 Shares up to and including 3 November 2020, being the last traded day of SCBUILD/0109 Shares immediately preceding the price-fixing date, of RM0.0448 per SCBUILD/0109 Share.

 

This announcement is dated 4 November 2020.






Announcement Info

Company Name SC ESTATE BUILDER BERHAD
Stock Name SCBUILD
Date Announced 04 Nov 2020
Category General Announcement for PLC
Reference Number GA1-04112020-00109