CARZO

0.300

(%)

NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING CARZO HOLDINGS BERHAD ("CARZO" OR "COMPANY") PRIVATE PLACEMENT OF UP TO 20% OF THE NUMBER OF ISSUED SHARES OF CARZO (EXCLUDING TREASURY SHARES, IF ANY) ("PRIVATE PLACEMENT")

CARZO HOLDINGS BERHAD

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

PRIVATE PLACEMENT OF UP TO 20% OF THE NUMBER OF ISSUED SHARES OF CARZO (EXCLUDING TREASURY SHARES, IF ANY) ("PRIVATE PLACEMENT")

We refer to the announcements made on 8 August 2022, 9 August 2022 and 19 August 2022 in relation to the Private Placement (“Announcements”). Unless otherwise defined, the definitions set out in the Announcements shall apply herein.

On behalf of the Board, TA Securities wishes to announce that the Board has, on 11 October 2022 (“Price-fixing Date”), resolved to fix the issue price at RM0.56 per Placement Share (“Issue Price”).

The Issue Price represents a discount of RM0.04 or approximately 6.67% to the closing price of Carzo Share on 17 August 2022, being the last day Carzo Shares were traded preceding the Price-fixing Date, of RM0.60 per Carzo Share.

This announcement is dated 11 October 2022.






Announcement Info

Company Name CARZO HOLDINGS BERHAD
Stock Name CARZO
Date Announced 11 Oct 2022
Category General Announcement for PLC
Reference Number GA1-11102022-00024