NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING Key ASIC Berhad ("Key ASIC" or "Company") and its subsidiary companies ("Key ASIC Group" or "Group") - Proposed 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") and its subsidiary companies ("Key ASIC Group" or "Group")
- Proposed Private Placement |
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(Unless stated otherwise, abbreviations and definitions used throughout this announcement shall be the same as the announcement in relation to the Proposed Private Placement on 24 October 2017)
This announcement should be read in conjunction with the announcements made by KAF IB on behalf of Key ASIC in relation to the Proposed Private Placement on 24 October 2017, 25 October 2017, 26 October 2017, 18 January 2018, 26 January 2018, 2 February 2018 and 27 February 2018.
On behalf of Key ASIC, KAF IB wishes to announce that the Company has fixed the issue price for the first tranche of the Placement Shares at RM0.1371 per Placement Share. The issue price of RM0.1371 per Placement Share represents a discount of 9.98% to the five-day VWAP of RM0.1523 per Key ASIC Share up to and including 22 May 2018, being the last market day prior to this price fixing date.
This announcement is dated 23 May 2018. |
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Announcement Info
| Company Name | KEY ASIC BERHAD |
| Stock Name | KEYASIC |
| Date Announced | 23 May 2018 |
| Category | General Announcement for PLC |
| Reference Number | GA1-23052018-00108 |