PWORTH

0.100

-0.005 (-4.8%)

NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING PRICEWORTH INTERNATIONAL BERHAD ("PWI" OR THE "COMPANY") PRIVATE PLACEMENT OF UP TO 10% OF THE TOTAL NUMBER OF ISSUED SHARES OF PWI ("PRIVATE PLACEMENT")

PRICEWORTH INTERNATIONAL BERHAD

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

PRIVATE PLACEMENT OF UP TO 10% OF THE TOTAL NUMBER OF ISSUED SHARES OF PWI ("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 Private Placement.

We refer to the earlier announcements dated 18 September 2023, 20 September 2023, 22 September 2023, 5 October 2023, 12 October 2023 and 17 October 2023 in relation to the Private Placement.

On behalf of the Board, UOBKH wishes to announce that the Board had on 9 November 2023 resolved to fix the issue price of the Private Placement at RM0.1129 per Placement Share.

The issue price of RM0.1129 per Placement Share represents a discount of approximately 9.97% to the 5-day VWAP of PWI Shares up to and including 8 November 2023, being the last traded day of PWI Shares immediately preceding the price-fixing date of RM0.1254 per PWI Share.

 

This announcement is dated 9 November 2023.






Announcement Info

Company Name PRICEWORTH INTERNATIONAL BERHAD
Stock Name PWORTH
Date Announced 09 Nov 2023
Category General Announcement for PLC
Reference Number GA1-09112023-00013