RHONEMA

0.660

+0.005 (+0.8%)

NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING RHONE MA HOLDINGS BERHAD ("RMH" OR "COMPANY") PRIVATE PLACEMENT OF UP TO 28,120,300 NEW ORDINARY SHARES IN RMH ("RMH SHARE(S)") ("PLACEMENT SHARE(S)"), REPRESENTING UP TO 10% OF THE ENLARGED NUMBER OF ISSUED SHARES OF RMH ("PRIVATE PLACEMENT")

RHONE MA HOLDINGS BERHAD

Type Announcement
Subject NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
FUND RAISING
Description
RHONE MA HOLDINGS BERHAD ("RMH" OR "COMPANY")

PRIVATE PLACEMENT OF UP TO 28,120,300 NEW ORDINARY SHARES IN RMH ("RMH SHARE(S)") ("PLACEMENT SHARE(S)"), REPRESENTING UP TO 10% OF THE ENLARGED NUMBER OF ISSUED SHARES OF RMH ("PRIVATE PLACEMENT")

Unless otherwise stated, all definitions and terms used in this announcement shall have the same meanings as defined in RMH’s announcement dated 8 February 2022.

Reference is made to the announcements dated 8 February 2022, 9 February 2022, 11 February 2022 and 14 February 2022 in relation to the Private Placement.

On behalf of the Board, PIVB wishes to announce that the Board had on 2 March 2022 (“Price-Fixing Date”) fixed the issue price for 20,086,000 Placement Shares at RM0.67 per Placement Share (“Issue Price”).

The Issue Price represents a discount of RM0.0684 or approximately 9.26% to the 5-day volume weighted average market price of RMH Shares up to and including 1 March 2022, being the last trading day immediately preceding the Price-Fixing Date of RM0.7384 per RMH Share.

 

This announcement is dated 2 March 2022.






Announcement Info

Company Name RHONE MA HOLDINGS BERHAD
Stock Name RHONEMA
Date Announced 02 Mar 2022
Category General Announcement for PLC
Reference Number GA1-02032022-00052