BURSA ANNOUCEMENTS

Date : 28 July 2017

NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING VIVOCOM INTL HOLDINGS BERHAD ("VIVOCOM" OR THE "COMPANY") PRIVATE PLACEMENT

VIVOCOM INTL HOLDINGS BERHAD

Type Announcement
Subject NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
FUND RAISING
Description
VIVOCOM INTL HOLDINGS BERHAD ("VIVOCOM" OR THE "COMPANY")

PRIVATE PLACEMENT

Unless stated otherwise, the terms used herein shall carry the same meaning as those defined in the earlier announcements in relation to the Private Placement.

We refer to the announcements dated 29 June 2017, 4 July 2017, 7 July 2017, 14 July 2017 and 27 July 2017 in relation to the Private Placement.

On behalf of the Board, RHBIB wishes to announce that all conditions precedent in relation to the Subscription Agreement have been fulfilled on 27 July 2017. Accordingly, the Company had on 28 July 2017 ("Price-Fixing Date") received a Subscription Notice from Macquarie Bank for the subscription of 4,000,000 Vivocom Shares at a subscription price of RM0.1260. This subscription price represents a discount of approximately 9.94% to the 5-day volume weighted average market price of Vivocom Shares up to and including 27 July 2017, being the last market day immediately preceding the Price-Fixing Date, of RM0.1399 per Vivocom Share.

 

This announcement is dated 28 July 2017.






Announcement Info

Company Name VIVOCOM INTL HOLDINGS BERHAD
Stock Name VIVOCOM
Date Announced 28 Jul 2017
Category General Announcement for PLC
Reference Number GA1-28072017-00098


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