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New Issue Of Securities (Chapter 6 Of Listing Requirements):Fund Raising

BackSep 23, 2014
Type Announcement
Subject NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
FUND RAISING
Description DAYANG ENTERPRISE HOLDINGS BERHAD (“DAYANG” OR THE “COMPANY”)

PRIVATE PLACEMENT OF UP TO TEN PERCENT (10%) OF THE ISSUED AND PAID-UP SHARE CAPITAL OF DAYANG TO INVESTORS TO BE IDENTIFIED (“PRIVATE PLACEMENT”)

The terms used herein shall, unless the context otherwise states, bear the same meaning as those defined in the previous announcement dated 3 September 2014 in relation to the Private Placement.

We refer to the announcements dated 3 September 2014, 5 September 2014 and 12 September 2014 in relation to the Private Placement.

On behalf of the Board, RHB Investment Bank is pleased to announce that the Board has fixed the issue price for the placement of up to 82,499,993 Dayang Shares at RM3.37 per Placement Share. It is not the intention of the Board to place the Placement Shares to Directors or substantial shareholders of Dayang and/or persons connected to them.

This issue price represents a discount of approximately 3% to the five (5)-day VWAP of Dayang Shares up to and including 22 September 2014 of RM3.4715.

This announcement is dated 23 September 2014.

 


Announcement Info

Company Name DAYANG ENTERPRISE HOLDINGS BERHAD  
Stock Name DAYANG    
Date Announced 23 Sept 2014  
Category General Announcement
Reference No MI-140923-59736