PEKAT GROUP BERHAD |
Type | Announcement |
Subject | NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) FUND RAISING |
Description | PEKAT GROUP BERHAD ("PEKAT" OR "COMPANY") - PRIVATE PLACEMENT OF UP TO 66,156,820 NEW ORDINARY SHARES IN PEKAT ("SHARE(S)" OR "PEKAT SHARE(S)") ("PLACEMENT SHARE(S)"), REPRESENTING UP TO 10.00% OF THE ENLARGED NUMBER OF ISSUED PEKAT SHARES (ASSUMING FULL EXERCISE OF THE OUTSTANDING EMPLOYEES' SHARE OPTION SCHEME OPTIONS) (EXCLUDING TREASURY SHARES, IF ANY) AT AN ISSUE PRICE TO BE DETERMINED AND ANNOUNCED LATER ("PRIVATE PLACEMENT") |
Reference is made to the Company’s announcements dated 16 July 2025, 5 August 2025 and 15 August 2025. Unless otherwise defined, the definitions set out in the previous announcement of the Company shall apply herein.
On behalf of the Board, PIVB wishes to announce that the Board had on 8 October 2025, being the Price-Fixing Date, fixed the issue price at RM1.68 per Placement Share (“Issue Price”).
The Issue Price represents a discount of approximately RM0.1099 or 6.14% to the 5-day VWAP of Pekat Shares up to and including 7 October 2025, being the last trading day immediately preceding the Price-Fixing Date of RM1.7899 per Pekat Share.
This announcement is dated 8 October 2025. |
Company Name | PEKAT GROUP BERHAD |
Stock Name | PEKAT |
Date Announced | 08 Oct 2025 |
Category | General Announcement for PLC |
Reference Number | GA1-07102025-00067 |