New Issue of Securities (Chapter 6 Of Listing Requirements) : Fund Raising
15-09-2016
| Type | Announcement |
| Subject | NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) FUND RAISING |
| Description |
TITIJAYA LAND BERHAD ("TLB" OR THE "COMPANY") PRIVATE PLACEMENT OF UP TO TEN PERCENT (10%) OF THE ENLARGED ISSUED AND PAID-UP SHARE CAPITAL OF TLB (EXCLUDING TREASURY SHARES) ("PRIVATE PLACEMENT") |
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We refer to the announcements made on 13 June 2016, 15 June 2016 and 28 June 2016 in relation to the Private Placement ("Announcements"). Unless otherwise defined, the definitions set out in the Announcements shall apply herein. On behalf of TLB, TA Securities wishes to announce that the Board has on 15 September 2016 fixed the issue price for the placement of 36,666,600 Placement Shares at RM1.35 per Placement Share ("Issue Price"). The Issue Price represents a discount of approximately RM0.1472 or 9.83% to the five (5)-day volume weighted average market price of TLB Shares up to and including 14 September 2016 of RM1.4972 per TLB Share. This announcement is dated 15 September 2016. |
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Announcement Info
| Company Name | TITIJAYA LAND BERHAD |
| Stock Name | TITIJYA |
| Date Announced | 15 Sep 2016 |
| Category | General Announcement for PLC |
| Reference Number | GA1-15092016-00036 |