Bursa Announcements
News
New Issue of Securities (Chapter 6 of Listing Requirements) : Fund Raising
Jan 18, 2016
Type
Announcement
Subject
NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
FUND RAISING
Description
GAMUDA BERHAD ("GAMUDA" OR THE "COMPANY")
RENOUNCEABLE RIGHTS ISSUE OF 400,984,509 WARRANTS IN GAMUDA ("WARRANT(S)") ON THE BASIS OF ONE (1) WARRANT FOR EVERY SIX (6) EXISTING ORDINARY SHARES OF RM1.00 EACH HELD IN GAMUDA ON THE ENTITLEMENT DATE, AT AN ISSUE PRICE OF RM0.25 PER WARRANT ("RIGHTS ISSUE OF WARRANTS")
The terms used herein shall, unless the context otherwise stated, bear the same meaning as those defined in the circular dated 9 November 2015 in relation to the Rights Issue of Warrants, where applicable.
We refer to the circular dated 9 November 2015 and the previous announcements in relation to the Rights Issue of Warrants.
On behalf of the Board, RHB Investment Bank wishes to announce that the exercise price of the Warrants has been fixed at RM4.05 per Warrant.
The exercise price for the Warrants was determined after taking into consideration amongst others, the prevailing market conditions (which may include inter alia, volatility and/or trading volumes of the Malaysian stock market, interest rate environment and market sentiment) and the five (5)-day VWAMP of Gamuda Shares up to and including 18 January 2016 of RM4.48.
The exercise price of the Warrants represents a discount of RM0.43 or approximately 9.60% from the five (5)-day VWAMP of Gamuda Shares up to and including 18 January 2016 of RM4.48, and a discount of RM0.42 or approximately 9.40% from the closing market price of Gamuda Shares as at 18 January 2016 of RM4.47 respectively.
This announcement is dated 18 January 2016.
Announcement Info
Company Name
GAMUDA BERHAD
Stock Name
GAMUDA
Date Announced
18 Jan 2016
Category
General Announcement for PLC
Reference Number
GA1-18012016-00092
| Type | Announcement |
| Subject | NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) FUND RAISING |
| Description |
GAMUDA BERHAD ("GAMUDA" OR THE "COMPANY")
RENOUNCEABLE RIGHTS ISSUE OF 400,984,509 WARRANTS IN GAMUDA ("WARRANT(S)") ON THE BASIS OF ONE (1) WARRANT FOR EVERY SIX (6) EXISTING ORDINARY SHARES OF RM1.00 EACH HELD IN GAMUDA ON THE ENTITLEMENT DATE, AT AN ISSUE PRICE OF RM0.25 PER WARRANT ("RIGHTS ISSUE OF WARRANTS")
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The terms used herein shall, unless the context otherwise stated, bear the same meaning as those defined in the circular dated 9 November 2015 in relation to the Rights Issue of Warrants, where applicable. We refer to the circular dated 9 November 2015 and the previous announcements in relation to the Rights Issue of Warrants. On behalf of the Board, RHB Investment Bank wishes to announce that the exercise price of the Warrants has been fixed at RM4.05 per Warrant. The exercise price for the Warrants was determined after taking into consideration amongst others, the prevailing market conditions (which may include inter alia, volatility and/or trading volumes of the Malaysian stock market, interest rate environment and market sentiment) and the five (5)-day VWAMP of Gamuda Shares up to and including 18 January 2016 of RM4.48. The exercise price of the Warrants represents a discount of RM0.43 or approximately 9.60% from the five (5)-day VWAMP of Gamuda Shares up to and including 18 January 2016 of RM4.48, and a discount of RM0.42 or approximately 9.40% from the closing market price of Gamuda Shares as at 18 January 2016 of RM4.47 respectively.
This announcement is dated 18 January 2016. |
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Announcement Info
| Company Name | GAMUDA BERHAD |
| Stock Name | GAMUDA |
| Date Announced | 18 Jan 2016 |
| Category | General Announcement for PLC |
| Reference Number | GA1-18012016-00092 |