AHB

0.130

-0.005 (-3.7%)

NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING AHB HOLDINGS BERHAD ("AHB" OR THE "COMPANY") (I) PRIVATE PLACEMENT OF UP TO 10% OF THE NUMBER OF ISSUED SHARES OF AHB (EXCLUDING ANY TREASURY SHARES) ("AHB SHARES") PURSUANT TO SECTIONS 75 AND 76 OF THE COMPANIES ACT 2016 ("10% PRIVATE PLACEMENT"); AND (II) PRIVATE PLACEMENT OF UP TO 30% OF THE NUMBER OF ISSUED AHB SHARES (EXCLUDING ANY TREASURY SHARES) ("30% PRIVATE PLACEMENT") (COLLECTIVELY REFERRED TO AS THE "PROPOSALS")

AHB HOLDINGS BERHAD

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

(I)	PRIVATE PLACEMENT OF UP TO 10% OF THE NUMBER OF ISSUED SHARES OF AHB (EXCLUDING ANY TREASURY SHARES) ("AHB SHARES") PURSUANT TO SECTIONS 75 AND 76 OF THE COMPANIES ACT 2016 ("10% PRIVATE PLACEMENT"); AND

(II)	PRIVATE PLACEMENT OF UP TO 30% OF THE NUMBER OF ISSUED AHB SHARES (EXCLUDING ANY TREASURY SHARES) ("30% PRIVATE PLACEMENT")
 
(COLLECTIVELY REFERRED TO AS THE "PROPOSALS")

We refer to the announcements made on 26 July 2019, 29 July 2019, 1 August 2019, 6 November 2019, 15 January 2020, 20 January 2020, 14 April 2020, 30 April 2020, 24 July 2020, 29 July 2020, 11 August 2020, 19 August 2020, 20 October 2020 and 4 November 2020 in relation to the 30% Private Placement (“Announcements”). Unless otherwise defined, the definitions set out in the Announcements shall apply herein.

 

On behalf of AHB, TA Securities wishes to announce that the Board has on 13 January 2021 (“Price-fixing Date”) fixed the issue price for 12,818,200 Placement Shares pursuant to the 30% Private Placement at RM0.1328 each ("Issue Price"). 

 

The Issue Price of RM0.1328 is at a discount of RM0.0147 or 9.97% to the 5-day volume weighted average market price of AHB Shares up to and including 12 January 2021, being the last market day immediately preceding the Price-fixing Date, of RM0.1475 per AHB Share.

 

This announcement is dated 13 January 2021.






Announcement Info

Company Name AHB HOLDINGS BERHAD
Stock Name AHB
Date Announced 13 Jan 2021
Category General Announcement for PLC
Reference Number GA1-13012021-00073