(Unless otherwise stated, all abbreviations and definitions used herein shall have the same meaning as those used in the announcements dated 30 August 2024, 2 September 2024, 11 September 2024, 27 September 2024 and 23 October 2024 in relation to the Placement (“Announcements”))
Reference is made to the Announcements.
On behalf of the Board, Maybank IB wishes to announce that the Manager had on 30 October 2024 fixed the issue price of 263,000,000 Placement Units, representing approximately 15.05% of the total issued Units of 1,747,492,159 as at 13 September 2024, at RM1.71 per Placement Unit (“Issue Price”) to successfully identified placees via a bookbuilding process. The Placement Units were oversubscribed.
The Issue Price represents a discount of approximately 5.1% to the VWAMP of the Units for the 5 market days up to and including 29 October 2024 of RM1.8020 per Unit. Accordingly, the gross proceeds from the Placement is approximately RM449.73 million.
Maybank IB and CIMB Investment Bank Berhad acted as the placement agents for the Placement.
This announcement is dated 30 October 2024.
