NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING MESTRON HOLDINGS BERHAD ("MESTRON" OR THE "COMPANY") PRIVATE PLACEMENT OF UP TO 20% OF THE ISSUED ORDINARY SHARES IN MESTRON
MESTRON HOLDINGS BERHAD |
Type | Announcement |
Subject | NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) FUND RAISING |
Description | MESTRON HOLDINGS BERHAD ("MESTRON" OR THE "COMPANY") PRIVATE PLACEMENT OF UP TO 20% OF THE ISSUED ORDINARY SHARES IN MESTRON |
Unless otherwise defined in this announcement, all terms used herein shall have the same meaning as those defined in the previous announcements in relation to the Private Placement.
On behalf of the Board, M&A Securities wishes to announce that the Company has fixed the issue price of the Placement Shares at RM0.3015 each.
The aforementioned issue price of RM0.3015 per Placement Share represents a discount of approximately RM0.0333 or 9.95% from the five (5)-day weighted average market price of the Company from 20 August 2021 to 26 August 2021 of approximately RM0.3348 per Share.
This announcement is dated 27 August 2021. |
Announcement Info
Company Name | MESTRON HOLDINGS BERHAD |
Stock Name | MESTRON |
Date Announced | 27 Aug 2021 |
Category | General Announcement for PLC |
Reference Number | GA1-27082021-00111 |