NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING YKGI Holdings Berhad ("YKGI" or "Company") and its subsidiary companies ("YKGI Group" or "Group") - Proposed Private Placement

YKGI HOLDINGS BERHAD

Type Announcement
Subject NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
FUND RAISING
Description
YKGI Holdings Berhad ("YKGI" or "Company") and its subsidiary companies ("YKGI Group" or "Group")

-	Proposed Private Placement

(Unless stated otherwise, abbreviations and definitions used throughout this announcement shall be the same as the announcement in relation to the Proposed Private Placement on 18 September 2020)

 

This announcement should be read in conjunction with the announcements made by KAF IB on behalf of YKGI in relation to the Proposed Private Placement on 18 September 2020, 21 September 2020, 24 September 2020 and 29 September 2020.

 

On behalf of YKGI, KAF IB wishes to announce that the Company has fixed the issue price for the Private Placement Shares at RM0.1000 per Placement Share.  The issue price of RM0.1000 per Private Placement Share represents a discount of approximately 9.09% to the five-day VWAP of YKGI Shares up to and including 29 September 2020 of RM0.1100, being the last market day prior to this Price Fixing Date.

 

This announcement is dated 30 September 2020.






Announcement Info

Company Name YKGI HOLDINGS BERHAD
Stock Name YKGI
Date Announced 30 Sep 2020
Category General Announcement for PLC
Reference Number GA1-30092020-00068