EVERGREEN FIBREBOARD BERHAD |
Type | Announcement |
Subject | NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) COMBINATION OF NEW ISSUE OF SECURITIES |
Description | EVERGREEN FIBREBOARD BERHAD ("EFB") (I) PROPOSED PRIVATE PLACEMENT (II) PROPOSED BONUS ISSUE |
We refer to the announcement dated 20 November 2015 in relation to the Proposals ("Announcement"). Unless otherwise stated, the definitions used here shall have the same meanings as set out in the Announcement. On behalf of EFB, CIMB Investment Bank Berhad ("CIMB") wishes to announce that the additional listing application in relation to the Proposed Private Placement has been submitted to Bursa Securities on 23 November 2015. In addition, on behalf of EFB, CIMB wishes to announce that EFB will be issuing 51,290,000 new EFB Shares, representing approximately 10% of the issued and paid-up share capital of EFB (excluding treasury shares) as at the date of this announcement. The Placement Shares will be issued at the issue price of RM2.05 for each Placement Share, representing a discount of approximately 4.8% to the (5)-day VWAP of EFB Shares up to and including 20 November 2015 of RM2.1527 per EFB Share. This announcement is dated 23 November 2015. |
Company Name | EVERGREEN FIBREBOARD BERHAD |
Stock Name | EVERGRN |
Date Announced | 23 Nov 2015 |
Category | General Announcement for PLC |
Reference Number | GA1-20112015-00027 |