PNEPCB

0.060

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NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING PNE PCB BERHAD ("PNE" OR THE "COMPANY") PROPOSED PRIVATE PLACEMENT

PNE PCB BERHAD

Type Announcement
Subject NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
FUND RAISING
Description
PNE PCB BERHAD ("PNE" OR THE "COMPANY")

PROPOSED PRIVATE PLACEMENT

(For consistency, the abbreviations used throughout this announcement shall have the same meanings as defined in the announcements dated 23 March 2021 in relation to the Proposed Private Placement, where applicable, unless stated otherwise or defined herein.)

 

Reference is made to the earlier announcements in relation to the Proposed Private Placement dated 23 March 2021 and 3 May 2021.

 

On behalf of the Board, Mercury Securities wishes to announce that the Board had on 15 July 2021 (“Price-fixing Date”) fixed the issue price for the placement of 46,000,000 Placement Shares, being the first tranche of the Private Placement, at RM0.1030 per Placement Share (“Issue Price”).

 

The Issue Price represents a discount of 19.97% to the 5-day VWAP of the Shares up to and including 14 July 2021 of RM0.1287, being the last market day immediately preceding the Price-fixing Date.

 

This announcement is dated 15 July 2021.






Announcement Info

Company Name PNE PCB BERHAD
Stock Name PNEPCB
Date Announced 15 Jul 2021
Category General Announcement for PLC
Reference Number GA1-15072021-00128