EG

1.240

(%)

NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING EG INDUSTRIES BERHAD ("EGIB" OR THE "COMPANY") PRIVATE PLACEMENT OF UP TO 10.00% OF THE TOTAL ISSUED ORDINARY SHARES IN EGIB ("PRIVATE PLACEMENT")

EG INDUSTRIES BERHAD

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

PRIVATE PLACEMENT OF UP TO 10.00% OF THE TOTAL ISSUED ORDINARY SHARES IN EGIB ("PRIVATE PLACEMENT")

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 RM1.13 each.

 

The aforementioned issue price of RM1.13 per Placement Share represents a premium of approximately RM0.03 or 2.73% from the 5-day weighted average market price of EGIB from 23 June 2023 to 30 June 2023 of RM1.10 per Share.

  

This announcement is dated 3 July 2023.






Announcement Info

Company Name EG INDUSTRIES BERHAD
Stock Name EG
Date Announced 03 Jul 2023
Category General Announcement for PLC
Reference Number GA1-03072023-00210