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On behalf of the Board, AmInvestment Bank wishes to announce that the Board has on 17 August 2020 fixed the issue price for up to 50,000,000 Placement Shares at RM0.80 per Placement Share, being the first tranche of the Private Placement.
The issue price of RM0.80 per Placement Share represents a discount of approximately 6.50% to the 5-days VWAP of LPB Shares up to and including 14 August 2020, being the last traded day of LPB Shares immediately preceding the price-fixing date, of RM0.8556
adui.....old news on 24/08/2020 from Lagenda property webside: Lagenda has completed its first tranche of private placement. Since then its share price start moving up steadily.