NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING BINA PURI HOLDINGS BHD ("BINA PURI" OR THE "COMPANY") PRIVATE PLACEMENT
BINA PURI HOLDINGS BHD |
Type | Announcement |
Subject | NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) FUND RAISING |
Description | BINA PURI HOLDINGS BHD ("BINA PURI" OR THE "COMPANY") PRIVATE PLACEMENT |
(For consistency purposes, the abbreviations and definitions used throughout this announcement shall have the same meanings as those previously defined in the announcement dated 22 January 2021 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 22 January 2021, 25 February 2021 and 11 March 2021.
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 260,523,000 Placement Shares at RM0.0811 per Placement Share (“Issue Price”).
The Issue Price represents a discount of 14.90% to the 5-day VWAP of the Shares up to and including 6 April 2021 of RM0.0953, being the last market day immediately preceding the Price-fixing Date.
This announcement is dated 7 April 2021. |
Announcement Info
Company Name | BINA PURI HOLDINGS BHD |
Stock Name | BPURI |
Date Announced | 07 Apr 2021 |
Category | General Announcement for PLC |
Reference Number | GA1-07042021-00073 |