NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING METRONIC GLOBAL BERHAD ("METRONIC" OR THE "COMPANY") PRIVATE PLACEMENT
|METRONIC GLOBAL BERHAD|
|Subject||NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
METRONIC GLOBAL BERHAD ("METRONIC" OR THE "COMPANY") PRIVATE PLACEMENT
(For consistency, the abbreviations used throughout this announcement shall have the same meanings as defined in the announcement dated 17 December 2020 in relation to the Private Placement, where applicable, unless stated otherwise or defined herein.)
Reference is made to the earlier announcements in relation to the Private Placement dated 17 December 2020, 18 January 2021, 5 February 2021, 16 February 2021 and 17 February 2021.
On behalf of the Board, Mercury Securities wishes to announce that the Board had on to-date (“Price-fixing Date”) fixed the issue price for the placement of 58,237,000 Placement Shares at RM0.0652 per Placement Share (“Issue Price”).
The Issue Price represents a discount of 19.90% to the 5-day VWAP of the Shares up to and including 3 March 2021 of RM0.0814, being the last market day immediately preceding the Price-fixing Date.
This announcement is dated 4 March 2021.
|Company Name||METRONIC GLOBAL BERHAD|
|Date Announced||04 Mar 2021|
|Category||General Announcement for PLC|