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NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING MN HOLDINGS BERHAD ("MNHB" OR THE "COMPANY") PROPOSED PRIVATE PLACEMENT OF UP TO 10% OF THE ISSUED SHARES IN MNHB ("PRIVATE PLACEMENT")

MN HOLDINGS BERHAD

Type Announcement
Subject NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
FUND RAISING
Description
MN HOLDINGS BERHAD ("MNHB" OR THE "COMPANY")

PROPOSED PRIVATE PLACEMENT OF UP TO 10% OF THE ISSUED SHARES IN MNHB ("PRIVATE PLACEMENT")

Unless otherwise defined, the definitions set out in the announcements dated 16 January 2024 in relation to the Proposed Private Placement shall apply herein.

 

On behalf of the Board of Directors of MNHB, M&A Securities wishes to announce that the Company has fixed the issue price of the Placement Shares at RM0.5955 per Placement Share.

 

The aforementioned issue price of RM0.5955 per Placement Share represents a discount of approximately RM0.0657 or 9.94% from the 5-day volume weighted average market price of MNHB from 9 February 2024 to 16 February 2024 of RM0.6612 per Share.

 

 

 

This announcement is dated 19 February 2024.






Announcement Info

Company Name MN HOLDINGS BERHAD
Stock Name MNHLDG
Date Announced 19 Feb 2024
Category General Announcement for PLC
Reference Number GA1-19022024-00050



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