NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING KEY ASIC BERHAD ("KEY ASIC" OR "COMPANY") PRIVATE PLACEMENT
| KEY ASIC BERHAD |
| Type | Announcement |
| Subject | NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) FUND RAISING |
| Description | KEY ASIC BERHAD ("KEY ASIC" OR "COMPANY")
PRIVATE PLACEMENT |
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We refer to the announcements made on 24 March 2015, 25 March 2015, 15 June 2015, 5 October 2015, 12 October 2015, 20 November 2015, 30 November 2015 and 10 December 2015 in relation to the Private Placement (“Announcements”). Unless otherwise defined, the definitions set out in the Announcements shall apply herein. On behalf of Key ASIC, TA Securities wishes to announce that the Board has on 22 February 2016 (“Price-fixing Date”) fixed the issue price for the third (3rd) tranche of the placement of 5,000,000 Placement Shares at RM0.185 per Placement Share (“Issue Price”). The Issue Price represents a discount of approximately RM0.0158 or 7.87% to the five (5)-day volume weighted average market price of the Key ASIC Shares up to and including 19 February 2016, being the last market day immediately preceding the Price-fixing Date of RM0.2008 per Key ASIC Share. This announcement is dated 22 February 2016. |
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Announcement Info
| Company Name | KEY ASIC BERHAD |
| Stock Name | KEYASIC |
| Date Announced | 22 Feb 2016 |
| Category | General Announcement for PLC |
| Reference Number | GA1-22022016-00034 |