SMCAP

0.085

(%)

NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING SINMAH CAPITAL BERHAD ("SMCAP" OR THE "COMPANY") PRIVATE PLACEMENT

SINMAH CAPITAL BERHAD

Type Announcement
Subject NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
FUND RAISING
Description
SINMAH CAPITAL BERHAD ("SMCAP" OR THE "COMPANY")

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 15 November 2023, 21 November 2023, 24 November 2023, 29 November 2023 and 30 November 2023 in relation to the Private Placement.

On behalf of the Board, UOBKH wishes to announce that the Board had on 23 February 2024 resolved to fix the issue price for the Private Placement at RM0.083 per Placement Share.

The issue price of RM0.083 per Placement Share represents a discount of approximately 9.88% to the 5-day VWAP of SMCAP Shares up to and including 22 February 2024, being the last traded day of SMCAP Shares immediately preceding the price-fixing date, of RM0.0921 per SMCAP Share.

 

This announcement is dated 23 February 2024.






Announcement Info

Company Name SINMAH CAPITAL BERHAD
Stock Name SMCAP
Date Announced 23 Feb 2024
Category General Announcement for PLC
Reference Number GA1-23022024-00091