Date : 12 May 2020

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

(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 the following dates:-

 

1.         24 October 2017; and

2.         25 October 2017; and

3.         26 October 2017; and

4.         18 January 2018; and

5.         26 January 2018; and

6.         2 February 2018; and

7.         9 February 2018; and

8.         27 February 2018; and

9.         23 May 2018; and

10.       5 June 2018; and

11.       6 June 2018; and

12.       12 July 2018; and

13.       18 July 2018; and

14.       20 July 2018; and

15.       30 July 2018; and

16.       31 July 2018; and

17.       7 November 2018; and

18.       19 November 2018; and

19.       11 January 2019; and

20.       28 January 2019; and

21.       10 July 2019; and

22.       4 September 2019; and

23.       8 January 2020; and

24.       11 February 2020; and

25.       23 April 2020; and

26.       4 May 2020; and

27.       6 May 2020.

 

On behalf of Key ASIC, KAF IB wishes to announce that the Company has fixed the issue price for the fifth tranche of the Placement Shares at RM0.0773 per Placement Share.  The issue price of RM0.0773 per Placement Share represents a discount of 9.91% to the five-day VWAP of RM0.0858 per Key ASIC Share up to and including 8 May 2020, being the last market day prior to this price fixing date.

 

This announcement is dated 12 May 2020.






Announcement Info

Company Name KEY ASIC BERHAD
Stock Name KEYASIC
Date Announced 12 May 2020
Category General Announcement for PLC
Reference Number GA1-12052020-00030


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