We refer to the announcements dated 12 March 2021, 22 March 2021, 26 March 2021 and 30 March 2021 in relation to the Private Placement (“Announcements”). Unless otherwise defined, the definitions set out in the Announcements shall apply herein.
On behalf of SNC, TA Securities wishes to announce that the Board has on 12 April 2021 (“Price-fixing Date”) fixed the issue price for 17,160,000 Placement Shares at RM0.264 each (“Issue Price”).
The Issue Price of RM0.264 is at a discount of RM0.0283 or approximately 9.68% to the 5-day volume weighted average market price of SNC Shares up to and including 9 April 2021, being the last market day immediately preceding the Price-fixing Date of RM0.2923 per SNC Share.
This announcement is dated 12 April 2021.