NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING RAMSSOL GROUP BERHAD ("RAMSSOL" OR "COMPANY") PRIVATE PLACEMENT OF NEW ORDINARY SHARES IN RAMSSOL REPRESENTING UP TO 30% OF THE TOTAL NUMBER OF ISSUED SHARES IN RAMSSOL (EXCLUDING TREASURY SHARES, IF ANY) ("PRIVATE PLACEMENT")
| RAMSSOL GROUP BERHAD |
| Type | Announcement |
| Subject | NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) FUND RAISING |
| Description | RAMSSOL GROUP BERHAD ("RAMSSOL" OR "COMPANY")
PRIVATE PLACEMENT OF NEW ORDINARY SHARES IN RAMSSOL REPRESENTING UP TO 30% OF THE TOTAL NUMBER OF ISSUED SHARES IN RAMSSOL (EXCLUDING TREASURY SHARES, IF ANY) ("PRIVATE PLACEMENT") |
We refer to the announcements made on 14 July 2023, 18 July 2023, 9 August 2023, 16 August 2023, 1 September 2023, 11 September 2023, 13 September 2023, 18 September 2023 and 20 September 2023 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, Mercury Securities wishes to announce that the Board has on 15 December 2023 fixed the issue price for the final tranche of the Private Placement at RM0.3076 each per Placement Share (“Issue Price”). The Issue Price represents a discount of RM0.0768 or 19.98% to the 5-day volume weighted average market price of Ramssol Shares up to and including 14 December 2023 of RM0.3844 per Ramssol Share. This announcement is dated 15 December 2023. |
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Announcement Info
| Company Name | RAMSSOL GROUP BERHAD |
| Stock Name | RAMSSOL |
| Date Announced | 15 Dec 2023 |
| Category | General Announcement for PLC |
| Reference Number | GA1-15122023-00055 |