21 Oct

21/10/2011 – General Announcement

General Announcement
Reference No OI-111021-63998
Submitting Merchant Bank
:
OSK INVESTMENT BANK BERHAD  
Company Name
:
CAREPLUS GROUP BERHAD (ACE Market) 
Stock Name
:
CAREPLS  
Date Announced
:
21/10/2011  
Admission Sponsor
:
OSK Investment Bank Bhd
Sponsor
:
Same as above
Type
:
Announcement
Subject
:
NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
FUND RAISING
Description
:
CAREPLUS GROUP BERHAD (“CAREPLUS” OR THE “COMPANY”)

PRIVATE PLACEMENT OF UP TO TWENTY PERCENT (20%) OF THE ISSUED AND PAID-UP SHARE CAPITAL OF CAREPLUS (“PRIVATE PLACEMENT”)

Announcement Details/Table Section :

All defined terms used in this announcement, unless the context otherwise states, shall bear the same meaning as those defined in the announcement dated 28 April 2011 in relation to the Private Placement.

We refer to the announcements dated 28 April 2011, 4 May 2011, 5 May 2011, 16 May 2011, 19 May 2011, 25 July 2011 and 15 August 2011 respectively, in relation to the Private Placement.

On behalf of the Board, we are pleased to announce that the Board had resolved to fix the issue price of RM0.32 per Placement Share for the first tranche of the Private Placement, comprising 10,000,000 Placement Shares.

This issue price of RM0.32 per Placement Share represents a discount of RM0.0036 or 1.11% to the five (5)-day VWAP of Careplus Shares up to and including 20 October 2011, being the day preceding the date of this announcement of RM0.3236.

This announcement is dated 21 October 2011.