IREKA

0.265

+0.005 (+1.9%)

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

IREKA CORPORATION BERHAD

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

PRIVATE PLACEMENT

(For consistency, the abbreviations used throughout this announcement shall have the same meanings as defined in the announcement dated 6 October 2021 in relation to the Private Placement, where applicable, unless stated otherwise or defined herein.)

 

Reference is made to the earlier announcement dated 6 October 2021.

 

On behalf of the Board, TA Securities is pleased to announce that Bursa Securities had, vide its letter dated 12 October 2021, approved the listing and quotation of up to 22,404,900 Placement Shares to be issued pursuant to the Private Placement.

 

Further, the Board had on to-date (“Price-fixing Date”) fixed the issue price for the first tranche of the Private Placement at RM0.70 per Placement Share (“Issue Price”).

 

The Issue Price represents a premium of approximately 2.97% to the 5-day VWAP of Ireka Shares up to and including 11 October 2021 of RM0.6798, being the last market day immediately preceding the Price-fixing Date.

 

This announcement is dated 12 October 2021.






Announcement Info

Company Name IREKA CORPORATION BERHAD
Stock Name IREKA
Date Announced 12 Oct 2021
Category General Announcement for PLC
Reference Number GA1-12102021-00081