New Issue of Securities (Chapter 6 Of Listing Requirements):Fund Raising
BackAug 06, 2013
| Type | Announcement |
| Subject | NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) FUND RAISING |
| Description | SALCON BERHAD (“SALCON” OR “COMPANY”) PLACEMENT OF NEW ORDINARY SHARES OF RM0.50 EACH IN SALCON (“PLACEMENT SHARES”) REPRESENTING UP TO 10% OF THE ISSUED AND PAID-UP SHARE CAPITAL OF SALCON (“PLACEMENT”) |
We refer to the earlier announcements dated 22 July 2013, 25 July 2013, 30 July 2013 and 6 August 2013 in relation to the Placement. On behalf of the Board of Directors of Salcon, AFFIN Investment Bank Berhad wishes to announce that the issue price of the Placement Shares has been fixed at RM0.585 per Placement Share. The issue price of RM0.585 per Placement Share represents a discount of approximately 9.44% to the 5-day volume weighted average market price of Salcon Shares up to 5 August 2013 of RM0.646 each. This announcement is dated 6 August 2013. |
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Announcement Info
| Company Name | SALCON BERHAD |
| Stock Name | SALCON |
| Date Announced | 6 Aug 2013 |
| Category | General Announcement |
| Reference No | MI-130806-61060 |