Pls understand what's an illustration before commenting and looking silly. RI price has not been set yet, and is definitely not 0.26 lol
The Issue Price shall be determined and announced by the Board at a later date after obtaining all relevant approvals but before the announcement of the Entitlement Date and after taking into consideration the following: (a) prevailing market price of PPB Shares which include, among others, market sentiment and volatility of the Malaysian stock market; (b) the 5-day VWAMP of PPB Shares immediately preceding the price-fixing date, with a discount of up to 30% to the said 5-day VWAMP; and (c) the funding requirements of PPB and its subsidiaries (“PPB Group” or the “Group”) as set out in Section 3 of this Announcement.
For illustrative purposes, the Issue Price is assumed at RM0.26 per RCPS throughout this Announcement
Stock: [PERDANA]: PERDANA PETROLEUM BERHAD
2019-05-31 13:41 | Report Abuse
Pls understand what's an illustration before commenting and looking silly. RI price has not been set yet, and is definitely not 0.26 lol
The Issue Price shall be determined and announced by the Board at a later date after
obtaining all relevant approvals but before the announcement of the Entitlement Date and
after taking into consideration the following:
(a) prevailing market price of PPB Shares which include, among others, market sentiment
and volatility of the Malaysian stock market;
(b) the 5-day VWAMP of PPB Shares immediately preceding the price-fixing date, with a
discount of up to 30% to the said 5-day VWAMP; and
(c) the funding requirements of PPB and its subsidiaries (“PPB Group” or the “Group”)
as set out in Section 3 of this Announcement.
For illustrative purposes, the Issue Price is assumed at RM0.26 per RCPS throughout this
Announcement