(Unless otherwise defined, the abbreviations and definitions used in the announcement dated 23 November 2023 shall apply herein).
We refer to the announcements dated 23 November 2023 and 30 November 2023 in relation to the Proposed Private Placement.
On behalf of the Board, Interpac wishes to announce that the Board had on 5 January 2024 (“Price-fixing Date”) fixed the issue price for the first tranche of the Proposed Private Placement at RM0.2053 per Placement Share (“Issue Price”).
The Issue Price represents the 5-market day VWAP of the Shares up to and including 4 January 2024, being the last market day immediately preceding the Price-fixing Date.
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