NV MULTI CORPORATION BERHAD (“NV MULTI” OR THE “COMPANY”) PROPOSED PRIVATE PLACEMENT

NV MULTI CORPORATION BERHAD

TypeAnnouncement
SubjectNV MULTI CORPORATION BERHAD (“NV MULTI” OR THE “COMPANY”)

PROPOSED PRIVATE PLACEMENT
ContentsWe refer to the announcement dated 13 May 2010 in relation to the Proposed Private Placement.

On behalf of the Board of Directors of NV Multi (“Board”), MIMB Investment Bank Berhad is pleased to announce that the Board has fixed the issue price for 34,200,000 new ordinary shares of RM0.25 each in NV Multi (“Shares”) (“Placement Shares”) to be issued pursuant to the Proposed Private Placement at an issue price of RM0.56 per Placement Share (“Issue Price”).

The Issue Price represents a discount of approximately RM0.06 or 9.68% to the five (5)-days weighted average market price of the Shares up to 19 May 2010 of RM0.62.

This announcement is dated 20 May 2010


Announcement Info

Company NameNV MULTI CORPORATION BERHAD  
Stock Name NVMULTI    
Date Announced20 May 2010  
CategoryGeneral Announcement
Reference NoMM-100519-73691