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Further to the announcements
dated 4 June 2009, 19 November 2008, 20 May 2008, 19 December 2007,
14 December 2007, 26 November 2007, 21 November 2007 and 23 October
2007, Kenanga Investment Bank Berhad, on behalf of the Board of
Directors of Adventa (“Board”), is pleased to announce that the
Board has fixed the issue price for the remaining placement of
4,366,110 new ordinary shares of RM0.50 each in Adventa (“Placement
Shares”) to be issued pursuant to the Private Placement at an issue
price of RM1.08 per Placement Share (“Issue Price”).
The
Issue Price represents a discount of approximately 2.8% to the five
(5)-market day volume weighted average market price of Adventa
shares from 2 July 2009 to 8 July 2009 of RM1.11.
This
announcement is dated 9 July 2009. | |