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, 10 December 2015, 22 February 2016, 4 March 2016, 26 May 2016, 13 June 2016, 28 October 2016, 3 November 2016, 30 November 2016 and 19 January 2017 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 19 January 2017 (“Price-fixing Date”) fixed the issue price for the 5th tranche of the placement of 10,000,000 Placement Shares at RM0.09 per Placement Share (“Issue Price”). The Issue Price represents a discount of approximately RM0.0096 or 9.64% to the 5-day volume weighted average market price of the Key ASIC Shares up to and including 18 January 2017, being the last market day immediately preceding the Price-fixing Date of RM0.0996 per Key ASIC Share. This announcement is dated 19 January 2017. |
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Announcement Info
| Company Name | KEY ASIC BERHAD |
| Stock Name | KEYASIC |
| Date Announced | 19 Jan 2017 |
| Category | General Announcement for PLC |
| Reference Number | GA1-19012017-00035 |