NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING KEY ALLIANCE GROUP BERHAD ("KAG" OR THE "COMPANY") PROPOSED PRIVATE PLACEMENT
KEY ALLIANCE GROUP BERHAD |
Type | Announcement |
Subject | NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) FUND RAISING |
Description | KEY ALLIANCE GROUP BERHAD ("KAG" OR THE "COMPANY") PROPOSED 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 Proposed Private Placement. We refer to the earlier announcements dated 27 January 2021, 29 January 2021, 10 February 2021 and 11 February 2021 in relation to the Proposed Private Placement. On behalf of the Board, UOBKH wishes to announce that the Board had on 7 April 2021 resolved to fix the issue price for the Proposed Private Placement at RM0.037 per Placement Share. The issue price of RM0.037 per Placement Share represents a discount of 7.50% to the 5-day VWAP of KAG Shares up to and including 6 April 2021, being the last traded day of KAG Shares immediately preceding the price-fixing date, of RM0.040 per KAG Share.
This announcement is dated 7 April 2021. |
Announcement Info
Company Name | KEY ALLIANCE GROUP BERHAD |
Stock Name | KGROUP |
Date Announced | 07 Apr 2021 |
Category | General Announcement for PLC |
Reference Number | GA1-07042021-00067 |