Announcements

Date : 12 July 2013

NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS): FUND RAISING PROPOSED PRIVATE PLACEMENT OF UP TO 10% OF THE ISSUED AND PAID-UP SHARE CAPITAL OF PB (“PROPOSED PRIVATE PLACEMENT”)

PROTASCO BERHAD

TypeAnnouncement
SubjectNEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
FUND RAISING
DescriptionPROPOSED PRIVATE PLACEMENT OF UP TO 10% OF THE ISSUED AND PAID-UP SHARE CAPITAL OF PB (“PROPOSED PRIVATE PLACEMENT”)
This announcement is dated 12 July 2013.
Reference is made to the Company’s announcement 4 January 2013, 16 January 2013, 25 January 2013 and 4 February 2013 in relation to the Proposed Private Placement.

On behalf of the Board of Directors of PB (“Board”), AmInvestment Bank Berhad wishes to announce that PB proposes to fix the issue price of 7,431,380 new ordinary shares of RM0.50 each in PB (“PB Shares”), to be issued pursuant to the second tranche of the Proposed Private Placement at an issue price of RM1.14 per PB Share (“Issue Price”).

For information purposes, the Issue Price represents a discount of approximately 9.5% over the five (5)-day volume weighted average market price of the PB Shares up to 11 July 2013 of RM1.26.


Announcement Info

Company NamePROTASCO BERHAD  
Stock Name PRTASCO    
Date Announced12 Jul 2013  
CategoryGeneral Announcement
Reference NoMB-130712-54160

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