NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : COMBINATION OF NEW ISSUE OF SECURITIES ECOSCIENCE INTERNATIONAL BERHAD ("ECOSCIENCE" OR THE "COMPANY") (I) PRIVATE PLACEMENT; AND (II) PROPOSED FREE WARRANTS ISSUE (COLLECTIVELY REFERRED TO AS THE "PROPOSALS")

ECOSCIENCE INTERNATIONAL BERHAD

Type Announcement
Subject NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
COMBINATION OF NEW ISSUE OF SECURITIES
Description 
ECOSCIENCE INTERNATIONAL BERHAD ("ECOSCIENCE" OR THE "COMPANY")

(I)	PRIVATE PLACEMENT; AND
(II)	PROPOSED FREE WARRANTS ISSUE

(COLLECTIVELY REFERRED TO AS THE "PROPOSALS")

We refer to the announcements dated 28 February 2023, 11 April 2023, 27 April 2023, 11 May 2023, 22 August 2023, 23 August 2023, 11 September 2023 and 18 September 2023. Unless otherwise defined, the definitions set out in the announcement dated 22 August 2023 in relation to the Proposals shall apply herein.

On behalf of the Board, HLIB wishes to announce that the Board has on 11 October 2023 (“Price-Fixing Date”) resolved to fix the issue price for 34,000,000 Placement Shares at RM0.36 each (“Issue Price”).

The Issue Price represents a discount of approximately RM0.0346 or 8.77% to the 5D-VWAMP of Ecoscience Shares up to and including 10 October 2023, being the last market day immediately preceding the Price-Fixing Date of RM0.3946 per Share.

This announcement is dated 11 October 2023.



Announcement Info

Company Name ECOSCIENCE INTERNATIONAL BERHAD
Stock Name EIB
Date Announced 11 Oct 2023
Category General Announcement for PLC
Reference Number GA1-11102023-00012