ICONIC

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NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING ICONIC WORLDWIDE BERHAD ("ICONIC" OR THE "COMPANY") PRIVATE PLACEMENT OF UP TO 20% OF THE ISSUED ORDINARY SHARES IN ICONIC

ICONIC WORLDWIDE BERHAD

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

PRIVATE PLACEMENT OF UP TO 20% OF THE ISSUED ORDINARY SHARES IN ICONIC

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 RM0.30 each.

 

The aforementioned issue price of RM0.30 per Placement Share represents a discount of approximately RM0.031 or 9.37% from the five (5)-day weighted average market price of Iconic from 6 December 2021 to 10 December 2021 of approximately RM0.3310 per Share.

 

This announcement is dated 10 December 2021.






Announcement Info

Company Name ICONIC WORLDWIDE BERHAD
Stock Name ICONIC
Date Announced 10 Dec 2021
Category General Announcement for PLC
Reference Number GA1-10122021-00074