NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING NOVA MSC BERHAD (“NOVAMSC” OR THE “COMPANY”) PROPOSED PRIVATE PLACEMENT OF UP TO 10% OF THE ISSUED AND PAID-UP SHARE CAPITAL OF NOVAMSC (“PRIVATE PLACEMENT”)

NOVA MSC BERHAD
08 Jun 2018

The terms used herein, unless the context otherwise stated, bear the same meaning as those defined in the earlier announcements in relation to the Private Placement.

We refer to the earlier announcements dated 20 October 2017, 24 October 2017, 26 October 2017, 11 April 2018 and 13 April 2018 in relation to the Private Placement.

On behalf of the Board of Directors of NOVAMSC, UOB Kay Hian Securities (M) Sdn Bhd wishes to announce that the issue price of the Placement Shares to be issued pursuant to the Private Placement has been fixed today (“Price Fixing Date”) at RM0.10 per Placement Share.

The issue price of RM0.10 per Placement Share represents a premium of approximately 4.17% to the 5-day volume weighted average market price of NOVAMSC Shares up to and including 7 June 2018 (being the last market day prior to the Price Fixing Date) of RM0.096 per NOVAMSC Share.

The payment from the placee(s) are expected to be received within five (5) market days from the Price Fixing Date.

This announcement is dated 8 June 2018.