KLSE (MYR): KGB (0151)
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SuperPanda
11,431 posts
Posted by SuperPanda > 2018-07-09 21:38 | Report Abuse
On behalf of the Board of Directors of KGB ("Board"), TA Securities Holdings Berhad ("TA Securities") wishes to announce that the Board has on 9 July 2018 fixed the issue price for 1,100,000 KGB Shares (“Placement Share(s)”), representing the fourth tranche of the Private Placement at RM0.78 per Placement Share (“Issue Price”).
The Issue Price represents a discount of approximately RM0.0567 or 6.78% to the five (5)–day volume weighted average market price of KGB Shares up to and including 6 July 2018 of RM0.8367 per KGB Share.
In addition, TA Securities wishes to annouce that Public Investment Bank Berhad had on 5 July 2018 been appointed by KGB as the joint placement agent in relation to the Private Placement.
This announcement is dated 9 July 2018.