Unless otherwise stated, abbreviations and definitions used throughout this announcement shall be the same as those previously defined in the announcement dated 16 February 2021 in relation to the Proposed Private Placement ("Announcement").
We refer to the announcements dated 16 February 2021, 23 February 2021, 2 March 2021 and 4 March 2021 in relation to the Proposed Private Placement.
On behalf of the Board, KAF IB wishes to announce that the Board had on 21 April 2021 (“Price-Fixing Date”) fixed the issue price for the first tranche of the Proposed Private Placement at RM1.31 per Placement Share (“Issue Price”).
The Issue Price represents a discount of RM0.140 or approximately 9.64% to the 5-day volume weighted average market price of DHB Shares up to and including 20 April 2021, being the last market day immediately preceding the Price-Fixing Date of RM1.4497 per DHB Share.
This announcement is dated 21 April 2021.