begininv

begininv | Joined since 2015-01-26

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2015-01-26 21:48 | Report Abuse

Can anyone explain this?

Reference is made to the announcements on 12 November 2014, 14 November 2014, 17 November 2014 and 15 December 2014 in relation to the Proposed Private Placement. For consistency, the abbreviations used throughout this announcement are the same as those previously defined in the earlier announcements.

On behalf of the Board of Directors of Censof, AmInvestment Bank Berhad is pleased to announce that the Company has fixed an issue price of RM0.4150 per Placement Share for the first tranche of the private placement, comprising 20,000,000 Placement Shares.

The issue price represents a discount of approximately 9.82% to the five (5)-day volume weighted average market price of the Company’s Shares up to and including 23 January 2015 of RM0.4602, being the market day immediately preceding the date of this price-fixing announcement.

This announcement is dated 26 January 2015.