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

INFRAHARTA HOLDINGS BERHAD

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

PRIVATE PLACEMENT

(For consistency, the abbreviations used throughout this announcement shall have the same meanings as defined in the announcement dated 15 January 2024 in relation to the Private Placement, where applicable, unless stated otherwise or defined herein.)

Reference is made to the earlier announcements dated 15 January 2024, 18 January 2024, 24 January 2024 and 29 February 2024.

On behalf of the Board, TA Securities wishes to announce that the Board had on even date (“Price-fixing Date”) fixed the issue price for the second tranche of the Private Placement at RM0.1555 per Placement Share (“Issue Price”).

The Issue Price represents a discount of approximately 9.91% to the 5-day VWAP of Infraharta Shares up to and including 23 May 2024 of RM0.1726, being the last market day immediately preceding the Price-fixing Date.


This announcement is dated 24 May 2024.






Announcement Info

Company Name INFRAHARTA HOLDINGS BERHAD
Stock Name IHB
Date Announced 24 May 2024
Category General Announcement for PLC
Reference Number GA1-24052024-00026