TOYOVEN

2.380

-0.01 (-0.4%)

NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING TOYO VENTURES HOLDINGS BERHAD ("TVHB" OR THE "COMPANY") PRIVATE PLACEMENT OF UP TO TEN PERCENT (10%) OF THE TOTAL NUMBER OF ISSUED SHARES IN TVHB ("PRIVATE PLACEMENT")

TOYO VENTURES HOLDINGS BERHAD

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

PRIVATE PLACEMENT OF UP TO TEN PERCENT (10%) OF THE TOTAL NUMBER OF ISSUED SHARES IN TVHB ("PRIVATE PLACEMENT")

We refer to the Company’s announcement dated 5 February 2021 and its subsequent announcements in relation to the Private Placement.

 

On behalf of the Board of Directors of TVHB, KAF Investment Bank Berhad is pleased to announce that the Company has fixed the issue price for the second tranche Private Placement comprising 4,250,000 Placement Shares at RM2.35 per Placement Share. The said issue price of RM2.35 per Placement Share represents a discount of approximately 6.49% from the five (5)-day volume weighted average market price of TVHB Shares up to and including 9 April 2021 of approximately RM2.5131 per TVHB Share.

 

 

This announcement is dated 12 April 2021.






Announcement Info

Company Name TOYO VENTURES HOLDINGS BERHAD
Stock Name TOYOVEN
Date Announced 12 Apr 2021
Category General Announcement for PLC
Reference Number GA1-12042021-00078