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NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING EDEN INC BERHAD ("EDEN" OR THE "COMPANY") PROPOSED PRIVATE PLACEMENT

EDEN INC. BERHAD

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

PROPOSED PRIVATE PLACEMENT

The terms used herein, unless the context otherwise stated, bear the same meaning as those defined in the earlier announcements in relation to the Proposed Private Placement.

We refer to the earlier announcements dated 10 May 2021, 3 June 2021, 4 June 2021, 14 June 2021, 1 July 2021, 12 July 2021 and 13 July 2021 in relation to the Proposed Private Placement.

On behalf of the Board, UOBKH wishes to announce that the Board had on 17 September 2021 resolved to fix the issue price for the Private Placement at RM0.1313 per Placement Share.

The issue price of RM0.1313 per Placement Share represents a discount of approximately 9.95% to the 5-day VWAP of EDEN Shares up to and including 15 September 2021, being the last traded day of EDEN Shares immediately preceding the price-fixing date of RM0.1458 per EDEN Share.

 

This announcement is dated 17 September 2021.






Announcement Info

Company Name EDEN INC. BERHAD
Stock Name EDEN
Date Announced 17 Sep 2021
Category General Announcement for PLC
Reference Number GA1-17092021-00105


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