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Bursa Announcements

Date : 08 November 2023

NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING SWS CAPITAL BERHAD ("SWS" OR "COMPANY") PRIVATE PLACEMENT OF UP TO 10% OF THE ORDINARY SHARES OF SWS

SWS CAPITAL BERHAD

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

PRIVATE PLACEMENT OF UP TO 10% OF THE ORDINARY SHARES OF SWS

Unless stated otherwise, abbreviations and definitions used throughout this announcement shall bear the same meaning as those defined in the earlier announcements in relation to the Private Placement.


On behalf of the Board, Malacca Securities is pleased to announce that the Board has resolved to fix the issue price for the Private Placement at RM0.2650 per Placement Share.


The issue price of RM0.2650 per Placement Share represents a discount of RM0.0291 or approximately 9.89% to the five (5)-day volume weighted average market price of SWS Shares for the last five (5) market days up to and including 7 November 2023 of RM0.2941 per SWS Share.


This announcement is dated 8 November 2023.



Announcement Info

Company Name SWS CAPITAL BERHAD
Stock Name SWSCAP
Date Announced 08 Nov 2023
Category General Announcement for PLC
Reference Number GA1-08112023-00016


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