SRIDGE

0.350

(%)

NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING SILVER RIDGE HOLDINGS BERHAD ("SRHB" OR THE "COMPANY") PROPOSED PRIVATE PLACEMENT

SILVER RIDGE HOLDINGS BHD

Type Announcement
Subject NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
FUND RAISING
Description
SILVER RIDGE HOLDINGS BERHAD ("SRHB" OR THE "COMPANY")

PROPOSED 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 Proposed Private Placement.

We refer to the earlier announcements dated 7 September 2021, 9 September 2021, 29 September 2021, 4 October 2021, 8 December 2021, 16 December 2021, 17 December 2021 and 27 December 2021 in relation to the Proposed Private Placement.

On behalf of the Board, UOBKH wishes to announce that the Board had on 27 December 2021 resolved to fix the issue price for the third tranche of the Proposed Private Placement at RM0.2083 per Placement Share.

The issue price of RM0.2083 per Placement Share represents a discount of approximately 9.98% to the 5-day VWAP of SRHB Shares up to and including 24 December 2021, being the last traded day of SRHB Shares immediately preceding the price-fixing date, of RM0.2314 per SRHB Share.

 

This announcement is dated 27 December 2021.






Announcement Info

Company Name SILVER RIDGE HOLDINGS BHD
Stock Name SRIDGE
Date Announced 27 Dec 2021
Category General Announcement for PLC
Reference Number GA1-27122021-00084