(For consistency, the abbreviations used throughout this announcement shall have the same meanings as defined in the announcement dated 9 August 2024 in relation to the Private Placement, where applicable, unless stated otherwise or defined herein.)
Reference is made to the earlier announcements dated 9 August 2024, 28 August 2024, 12 September 2024, 18 September 2024, 6 January 2025, 28 February 2025, 5 March 2025 and 13 March 2025 in relation to the Private Placement.
On behalf of the Board, TA Securities wishes to announce that the Board had on 9 May 2025 (“Price-fixing Date”) fixed the issue price for the third tranche of the Private Placement at RM0.0268 per Placement Share (“Issue Price”).
The Issue Price represents a discount of 9.76% to the 5-day VWAP of Jiankun Shares up to and including 8 May 2025 of RM0.0297, being the last market day immediately preceding the Price-fixing Date.
This announcement is dated 9 May 2025.