XINHWA

0.220

-0.01 (-4.3%)

NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING XIN HWA HOLDINGS BERHAD ("XHH" OR THE "COMPANY") PRIVATE PLACEMENT

XIN HWA HOLDINGS BERHAD

Type Announcement
Subject NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
FUND RAISING
Description
XIN HWA HOLDINGS BERHAD ("XHH" OR THE "COMPANY")

PRIVATE PLACEMENT

Unless stated otherwise, the terms used herein shall carry the same meaning as those defined in the earlier announcements in relation to the Private Placement.

We refer to the earlier announcements dated 10 March 2021, 24 March 2021, 26 March 2021 and 1 April 2021, 21 April 2021, 30 April 2021 and 3 May 2021 in relation to the Private Placement.

On behalf of the Board, UOBKH wishes to announce that the Board had on 22 July 2021 resolved to fix the issue price for the Private Placement at RM0.4018 per Placement Share.

The issue price of RM0.4018 per Placement Share represents a discount of approximately 9.99% to the 5-day VWAP of XHH Shares up to and including 21 July 2021, being the last traded day of XHH Shares immediately preceding the price-fixing date of RM0.4464 per XHH Share.

 

This announcement is dated 22 July 2021.






Announcement Info

Company Name XIN HWA HOLDINGS BERHAD
Stock Name XINHWA
Date Announced 22 Jul 2021
Category General Announcement for PLC
Reference Number GA1-22072021-00082