General Announcement for PLC

16/12/2021

NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING KNM GROUP BERHAD ("KNM" OR THE "COMPANY") PRIVATE PLACEMENT OF UP TO 10% OF THE ISSUED ORDINARY SHARES IN KNM

KNM GROUP BERHAD

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

PRIVATE PLACEMENT OF UP TO 10% OF THE ISSUED ORDINARY SHARES IN KNM

Unless otherwise defined in this announcement, all terms used herein shall have the same meaning as those defined in the previous announcements in relation to the Private Placement.

 

On behalf of the Board, M&A Securities wishes to announce that the Company has fixed the issue price of the Placement Shares at RM0.13 each.

 

The aforementioned issue price of RM0.13 per Placement Share represents a discount of approximately RM0.01 or 7.14% from the five (5)-day weighted average market price of KNM from 9 December 2021 to 15 December 2021 of approximately RM0.14 per Share.

 

This announcement is dated 16 December 2021.






Announcement Info

Company Name KNM GROUP BERHAD
Stock Name KNM
Date Announced 16 Dec 2021
Category General Announcement for PLC
Reference Number GA1-16122021-00041


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