We refer to the announcements dated 31 May 2019, 2 July 2019, 8 July 2019, 18 July 2019, 9 August 2019 and 21 August 2019 in relation to the Proposals.
On behalf of the Board, Mercury Securities wishes to announce that the conditions precedent to the issue of the 1st sub-tranche of Tranche 1 of the RCPS pursuant to the RCPS SA have been fulfilled.
On even date, the RCPS Subscriber has agreed to subscribe for 30,000,000 RCPS amounting to a principal amount of RM3.0 million (including 1st sub-tranche) and the parties to the RCPS SA have agreed that the issue date of such RCPS shall be on 18 September 2019.
We refer to the Company’s announcements dated 31 May 2019, 8 July 2019, 18 July 2019 and 9 August 2019 in relation to the Bonus Issue of Warrants.
On behalf of the Board, Mercury Securities wishes to announce that the Company has resolved to fix the exercise price of the Warrants B at RM0.050 per Warrant B.
The exercise price of the Warrants B represents a discount of approximately 8.76% to the 5-day VWAMP of Eduspec Shares up to and including 5 September 2019, being the last trading day before the date of this announcement, of RM0.0548.
Surely mother will be above 0.05 with all the attention education will be getting in the future. Therefore WB will always be in the money making it very very attractive making mother also very attractive for investors to collect anytning above 005. Going to be a gold rush after this.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
stncws
10,705 posts
Posted by stncws > 2019-09-05 22:03 | Report Abuse
DJI. 4O0PT UP UP......! EARLY BIRD