NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING ICONIC WORLDWIDE BERHAD ("ICONIC" OR THE "COMPANY") PRIVATE PLACEMENT OF UP TO 30% OF THE TOTAL NUMBER OF THE EXISTING ISSUED SHARES OF ICONIC ("PRIVATE PLACEMENT")
ICONIC WORLDWIDE BERHAD |
Type | Announcement |
Subject | NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) FUND RAISING |
Description | ICONIC WORLDWIDE BERHAD ("ICONIC" OR THE "COMPANY") PRIVATE PLACEMENT OF UP TO 30% OF THE TOTAL NUMBER OF THE EXISTING ISSUED SHARES OF ICONIC ("PRIVATE PLACEMENT") |
Unless otherwise defined in this announcement, all terms used herein shall have the same meaning as those defined in the previous announcements in relation to the Private Placement.
On behalf of the Board, M&A Securities wishes to announce that the Company has fixed the issue price for the Placement Shares at RM0.45 each.
The aforementioned issue price of RM0.45 per Placement Share represents a discount of approximately RM0.0405 or 8.26% from the five day volume weighted average market price of Iconic from 2 November 2020 to 6 November 2020 of approximately RM0.4905 per Share.
This announcement is dated 9 November 2020. |
Announcement Info
Company Name | ICONIC WORLDWIDE BERHAD |
Stock Name | ICONIC |
Date Announced | 09 Nov 2020 |
Category | General Announcement for PLC |
Reference Number | GA1-09112020-00081 |