NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING IRIS CORPORATION BERHAD ("IRIS" OR THE "COMPANY") PRIVATE PLACEMENT OF UP TO 296,628,000 NEW ORDINARY SHARES IN IRIS, REPRESENTING UP TO 10% OF THE TOTAL NUMBER OF ISSUED SHARES OF IRIS ("PRIVATE PLACEMENT")
| IRIS CORPORATION BERHAD |
| Type | Announcement |
| Subject | NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) FUND RAISING |
| Description | IRIS CORPORATION BERHAD ("IRIS" OR THE "COMPANY")
PRIVATE PLACEMENT OF UP TO 296,628,000 NEW ORDINARY SHARES IN IRIS, REPRESENTING UP TO 10% OF THE TOTAL NUMBER OF ISSUED SHARES OF IRIS ("PRIVATE PLACEMENT") |
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Unless otherwise stated, all capitalised terms set out herein shall have the same meanings as those set out in the announcements dated 23 June 2020, 7 July 2020, 27 October 2020, 5 November 2020, 18 December 2020, 12 January 2021, 5 March 2021 and 15 March 2021 in relation to the Private Placement.
On behalf of the Board, Kenanga IB wishes to announce the Board has, on 16 March 2021, fixed the issue price for the third tranche of the Private Placement at RM0.3141 per Placement Share (“Third Tranche Private Placement”).
The issue price of RM0.3141 per Placement Share represents a discount of RM0.0339 or approximately 9.74% to the 5-day VWAMP of IRIS Shares up to and including 15 March 2021 of RM0.3480 per IRIS Share.
This announcement is dated 16 March 2021. |
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Announcement Info
| Company Name | IRIS CORPORATION BERHAD |
| Stock Name | IRIS |
| Date Announced | 16 Mar 2021 |
| Category | General Announcement for PLC |
| Reference Number | GA1-16032021-00077 |