NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING MICROLINK SOLUTIONS BERHAD ("MICROLINK" OR THE "COMPANY") PRIVATE PLACEMENT OF UP TO 10% OF THE ISSUED SHARES IN MICROLINK

MICROLINK SOLUTIONS BERHAD

Type Announcement
Subject NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
FUND RAISING
Description
MICROLINK SOLUTIONS BERHAD ("MICROLINK" OR THE "COMPANY") 

PRIVATE PLACEMENT OF UP TO 10% OF THE ISSUED SHARES IN MICROLINK

Unless otherwise defined, the definitions set out in the announcement dated 17 October 2019 (“Announcement”) shall apply herein.

 

On behalf of the Board of Directors of Microlink, M&A Securities Sdn Bhd is pleased to announce that the Company has fixed the issue price of the Placement Shares at RM0.55 per Placement Share to be issued pursuant to the Private Placement.

 

The aforementioned issue price of RM0.55 per Placement Share represents a discount of approximately RM0.0447 or 7.52% from the five (5)-day weighted average market price of Microlink from 27 November 2019 to 3 December 2019 of approximately RM0.5947 per share.

 

 

This announcement is dated 4 December 2019.






Announcement Info

Company Name MICROLINK SOLUTIONS BERHAD
Stock Name MICROLN
Date Announced 04 Dec 2019
Category General Announcement for PLC
Reference Number GA1-04122019-00024