NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING AT SYSTEMATIZATION BERHAD ("ATS" OR THE "COMPANY") PRIVATE PLACEMENT
AT SYSTEMATIZATION BERHAD |
Type | Announcement |
Subject | NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) FUND RAISING |
Description | AT SYSTEMATIZATION BERHAD ("ATS" OR THE "COMPANY") PRIVATE PLACEMENT |
(For consistency, the abbreviations used throughout this announcement shall have the same meanings as defined in the announcement dated 17 November 2020 in relation to the Private Placement, where applicable, unless stated otherwise or defined herein.)
Reference is made to the earlier announcements in relation to the Private Placement dated 17 November 2020, 24 November 2020 and 25 November 2020.
On behalf of the Board, Mercury Securities wishes to announce that the Board had on to-date (“Price-fixing Date”) fixed the issue price for the placement of 30,000,000 Placement Shares at RM0.17 per Placement Share (“Issue Price”).
The Issue Price represents a discount of 9.96% to the 5-day VWAP of the Shares up to and including 24 November 2020 of RM0.1888, being the last market day immediately preceding the Price-fixing Date.
This announcement is dated 25 November 2020. |
Announcement Info
Company Name | AT SYSTEMATIZATION BERHAD |
Stock Name | AT |
Date Announced | 25 Nov 2020 |
Category | General Announcement for PLC |
Reference Number | GA1-25112020-00086 |