MAGMA

0.200

(%)

NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING IMPIANA HOTELS BERHAD ("IMPIANA" OR "COMPANY") PRIVATE PLACEMENT OF UP TO 20% OF THE SHARE CAPITAL OF IMPIANA TO INDEPENDENT THIRD PARTY INVESTOR(S) TO BE IDENTIFIED ("PRIVATE PLACEMENT")

IMPIANA HOTELS BERHAD

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

PRIVATE PLACEMENT OF UP TO 20% OF THE SHARE CAPITAL OF IMPIANA TO INDEPENDENT THIRD PARTY INVESTOR(S) TO BE IDENTIFIED ("PRIVATE PLACEMENT")

(Unless otherwise defined, the definitions set out in the announcement dated 17 February 2021 shall apply herein.)

 

On behalf of the Board, M&A Securities is pleased to announce that the Company has fixed the issue price of the new ordinary shares in Impiana to be issued pursuant to the Private Placement at RM0.0756 per Placement Share.

 

The aforementioned issue price of RM0.0756 per Placement Share represents a discount of approximately RM0.0083 or 9.89% to the 5-day weighted average market price of Impiana Shares from 5 October 2021 to 11 October 2021 of RM0.0839.

 

 

This announcement is dated 12 October 2021.






Announcement Info

Company Name IMPIANA HOTELS BERHAD
Stock Name IMPIANA
Date Announced 12 Oct 2021
Category General Announcement for PLC
Reference Number GA1-12102021-00070