NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING

JHM CONSOLIDATION BERHAD (“JHM” OR THE “COMPANY”) PRIVATE PLACEMENT OF UP TO 10% OF THE TOTAL NUMBER OF ISSUED SHARES OF JHM (EXCLUDING TREASURY SHARES) (“PRIVATE PLACEMENT”)

TypeAnnouncement
SubjectNEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
FUND RAISING
DescriptionJHM CONSOLIDATION BERHAD (“JHM” OR THE “COMPANY”) PRIVATE PLACEMENT OF UP TO 10% OF THE TOTAL NUMBER OF ISSUED SHARES OF JHM (EXCLUDING TREASURY SHARES) (“PRIVATE PLACEMENT”)

We refer to the Company’s announcements dated 15 December 2021, 17 December 2021, 27 December 2021, 29 December 2021, 10 June 2022, 27 June 2022 and 3 November 2022 in relation to the Private Placement. Unless otherwise stated, the terms used herein shall have the same meaning as defined in the said announcements.

On behalf of the Board, RHB Investment Bank Berhad wishes to announce that the issue price for the Private Placement has been fixed on 13 December 2022 at RM0.73 per Placement Share.

The issue price of RM0.73 per Placement Share represents a discount of approximately 9.77% to the 5-day VWAMP of JHM Shares up to and including 12 December 2022, being the last market day immediately preceding the price-fixing date, of RM0.809 per JHM Share.

This announcement is dated 13 December 2022.