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Announcement
Date : 28 December 2015

NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING PERISAI PETROLEUM TEKNOLOGI BHD ("PERISAI" OR THE "COMPANY") PROPOSED PRIVATE PLACEMENT OF UP TO 119,272,400 ORDINARY SHARES OF PERISAI REPRESENTING APPROXIMATELY TEN PERCENT (10%) OF THE EXISTING ISSUED AND PAID-UP SHARE CAPITAL OF PERISAI ("PROPOSED PRIVATE PLACEMENT")

PERISAI PETROLEUM TEKNOLOGI BHD

Type Announcement
Subject NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
FUND RAISING
Description
PERISAI PETROLEUM TEKNOLOGI BHD ("PERISAI" OR THE "COMPANY")

PROPOSED PRIVATE PLACEMENT OF UP TO 119,272,400 ORDINARY SHARES OF PERISAI REPRESENTING APPROXIMATELY TEN PERCENT (10%) OF THE EXISTING ISSUED AND PAID-UP SHARE CAPITAL OF PERISAI ("PROPOSED PRIVATE PLACEMENT")

The terms used herein shall, unless the context otherwise stated, bear the same meaning as those defined in the announcement dated 7 October 2015 in relation to the Proposed Private Placement.

 

We refer to the announcement dated 7 October 2015 in relation to the Proposed Private Placement.

 

On behalf of the Company, Kenanga IB is pleased to announce that the Company has fixed the issue price of the second (2nd) tranche comprising 6,000,000 Placement Shares at RM0.250 per Placement Share.

 

The issue price of the Placement Shares of RM0.250 represents a discount of approximately 8.76% from the five (5)-day volume weighted average market price of Perisai Shares up to and including 23 December 2015 of RM0.274 per Perisai Share.

 

This announcement is dated 28 December 2015.






Announcement Info

Company Name PERISAI PETROLEUM TEKNOLOGI BHD
Stock Name PERISAI
Date Announced 28 Dec 2015
Category General Announcement for PLC
Reference Number GA1-28122015-00039


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