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Eversendai Corporation Berhad ANNOUNCEMENT NEWS ON 13 September 2017

NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING EVERSENDAI CORPORATION BERHAD ("EVERSENDAI" OR THE "COMPANY") PRIVATE PLACEMENT OF UP TO 10% OF THE TOTAL NUMBER OF ISSUED SHARES OF EVERSENDAI (EXCLUDING TREASURY SHARES) ("PRIVATE PLACEMENT")


Type Announcement
Subject NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
FUND RAISING
Description EVERSENDAI CORPORATION BERHAD ("EVERSENDAI" OR THE "COMPANY") PRIVATE PLACEMENT OF UP TO 10% OF THE TOTAL NUMBER OF ISSUED SHARES OF EVERSENDAI (EXCLUDING TREASURY SHARES) ("PRIVATE PLACEMENT")

We refer to the announcement dated 15 August 2017 in relation to the Private Placement. Unless otherwise defined, the definitions set out in the announcement dated 15 August 2017 shall apply herein.

On behalf of the Board, RHB Investment Bank wishes to announce that the Company had on 13 September 2017 received the 4th Subscription Notice from Macquarie Bank for the subscription of 1,500,000 Eversendai Shares at a subscription price of RM0.9608. The said subscription price of RM0.9608 represents a discount of approximately 9.995% to the 5-day VWAP of Eversendai Shares during the 5 consecutive Trading Days up to and including 12 September 2017 of RM1.0675.

 

This announcement is dated 13 September 2017.






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