NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING XIAN LENG HOLDINGS BERHAD ("XIANLNG" OR THE "COMPANY") PRIVATE PLACEMENT OF UP TO 20% OF THE ISSUED ORDINARY SHARES IN XIANLNG
| XIAN LENG HOLDINGS BERHAD |
| Type | Announcement |
| Subject | NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) FUND RAISING |
| Description | XIAN LENG HOLDINGS BERHAD ("XIANLNG" OR THE "COMPANY")
PRIVATE PLACEMENT OF UP TO 20% OF THE ISSUED ORDINARY SHARES IN XIANLNG |
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Unless otherwise defined in this announcement, all terms used herein shall have the same meaning as those defined in the announcement dated 2 February 2021 in relation to the Private Placement (“Announcement”)
On behalf of the Board, M&A Securities wishes to announce that the Company has fixed the issue price of the Placement Shares at RM0.80 each.
The aforementioned issue price of RM0.80 per Placement Share represents a discount of approximately RM0.0592 or 6.89% from the five (5)-day weighted average market price of Xianlng from 2 February 2021 to 8 February 2021 of approximately RM0.8592 per Share.
This announcement is dated 9 February 2021. |
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Announcement Info
| Company Name | XIAN LENG HOLDINGS BERHAD |
| Stock Name | XIANLNG |
| Date Announced | 09 Feb 2021 |
| Category | General Announcement for PLC |
| Reference Number | GA1-08022021-00106 |