NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING KERJAYA PROSPEK GROUP BERHAD (FORMERLY KNOWN AS FUTUTECH BERHAD) (KERJAYA) PRIVATE PLACEMENT
KERJAYA PROSPEK GROUP BERHAD |
Type | Announcement |
Subject | NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) FUND RAISING |
Description | KERJAYA PROSPEK GROUP BERHAD (FORMERLY KNOWN AS FUTUTECH BERHAD) (KERJAYA) PRIVATE PLACEMENT |
Reference is made to the announcements dated 15 September 2015, 6 October 2015, 18 December 2015, 28 December 2015 and 20 January 2016 (“Announcements”) as well as the circular to the shareholders of Kerjaya dated 29 December 2015 (“Circular”) in relation to, inter-alia, the Private Placement.
(Unless otherwise stated, the abbreviations and definitions used throughout this announcement shall have the same meaning as those previously defined in the Announcements and Circular.)
On behalf of the Board of Directors of Kerjaya, AmInvestment Bank Berhad and Astramina Advisory Sdn Bhd are pleased to announce that the Board has resolved to fix the issue price for the Private Placement comprising up to 55,000,000 new ordinary shares of RM0.50 each in Kerjaya (“Placement Shares”) at RM1.65 per Placement Share.
The issue price of RM1.65 for the Placement Shares represents a discount of approximately 3.1% to the five (5)-day volume weighted average market price of ordinary shares of RM0.50 each in Kerjaya (“Kerjaya Shares”) up to and including 21 March 2016 of approximately RM1.703 per Kerjaya Share.
This announcement is dated 22 March 2016. |
Announcement Info
Company Name | KERJAYA PROSPEK GROUP BERHAD |
Stock Name | KERJAYA |
Date Announced | 22 Mar 2016 |
Category | General Announcement for PLC |
Reference Number | GA1-22032016-00055 |