New Issue Of Securities (Chapter 6 Of Listing Requirements) : Fund Raising
|Subject||NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
EURO HOLDINGS BERHAD ("EURO" OR THE "COMPANY") PROPOSED PRIVATE PLACEMENT OF UP TO 10% OF THE ISSUED SHARES IN EURO
Unless otherwise defined in this announcement, all terms used herein shall have the same meaning as those defined in the announcements dated 19 July 2017, 31 July 2017 and 3 August 2017.
On behalf of the Board of Directors of EURO, M&A Securities Sdn Bhd is pleased to announce that the Company has fixed the issue price of the Placement Shares at RM0.18 per Placement Share to be issued pursuant to the Private Placement.
The aforementioned issue price of RM0.18 per Placement Share represents a discount of approximately RM0.0152 or 7.79% from the five (5)-day weighted average market price of EURO from 2 August 2017 to 8 August 2017 of approximately RM0.1952 per share.
This announcement is dated 9 August 2017.
|Company Name||EURO HOLDINGS BERHAD|
|Date Announced||09 Aug 2017|
|Category||General Announcement for PLC|