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

Back Dec 06, 2021
Type Announcement
Subject NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
FUND RAISING
Description

CYPARK RESOURCES BERHAD ("CRB" OR "COMPANY") - PRIVATE PLACEMENT OF UP TO 104,998,290 NEW ORDINARY SHARES IN CRB ("CRB SHARE(S)") ("PLACEMENT SHARE(S)"), REPRESENTING UP TO 20% OF THE ISSUED SHARES OF CRB ("PRIVATE PLACEMENT")

Reference is made to the announcements dated 16 June 2021, 17 June 2021, 18 June 2021, 29 July 2021, 9 August 2021, 11 August 2021, 9 September 2021, 21 September 2021, 22 September 2021, 20 October 2021, 28 October 2021, 29 October 2021, 19 November 2021, 30 November 2021 and 1 December 2021. Unless otherwise defined, the definitions set out in the previous announcements of the Company shall apply herein.

 

On behalf of the Board, PIVB wishes to announce that the Board had on 6 December 2021 (“Price-Fixing Date”) fixed the issue price for the fifth (5th) and final tranche of the Private Placement at RM0.95 per Placement Share (“Issue Price”).

 

The Issue Price represents a premium of RM0.0814 or approximately 9.37% to the 5-day volume weighted average market price of the CRB Shares up to and including 2 December 2021, being the last market day immediately preceding the Price-Fixing Date of RM0.8686 per CRB Share.

 

This announcement is dated 6 December 2021.




Announcement Info

Company Name CYPARK RESOURCES BERHAD
Stock Name CYPARK
Date Announced 06 Dec 2021
Category General Announcement for PLC
Reference Number GA1-03122021-00010