Eonmetall Group Berhad Announces Private Placement and Listing Details
Eonmetall Group Berhad (EGB) has announced details of its private placement of up to 91,405,947 new ordinary shares, representing up to 30% of the total number of issued shares of EGB (excluding treasury shares). The private placement is aimed at raising funds for the company's growth and expansion plans. The listing date for the third tranche of placement shares has been confirmed as 20 August 2025.
Key Takeaways:
- The private placement involves the issuance of up to 91,405,947 new ordinary shares, representing up to 30% of the total number of issued shares of EGB (excluding treasury shares).
- The issue price per share for the private placement is Malaysian Ringgit (MYR) 0.2270.
- The total issued share capital of EGB after the private placement will be 348,434,322 shares, with a total value of MYR 154,633,430.830.
- The private placement was made in compliance with the announcements dated 27 January 2025, 28 February 2025, 9 April 2025, 16 June 2025, 24 June 2025, 25 June 2025, 21 July 2025, 28 July 2025, 29 July 2025, and 12 August 2025.
- The third tranche of placement shares comprising 19,760,000 Placement Shares will be listed and quoted on 20 August 2025.
Statistics:
- Up to 91,405,947 new ordinary shares will be issued as part of the private placement.
- The private placement represents up to 30% of the total number of issued shares of EGB (excluding treasury shares).
- The issue price per share is MYR 0.2270.
- The total issued share capital after the private placement will be 348,434,322 shares.
- The total value of the issued share capital will be MYR 154,633,430.830.
Sources:
- Announcement on Bursa Malaysia Stock Exchange website dated 19 August 2025.
- Previous announcements dated 27 January 2025, 28 February 2025, 9 April 2025, 16 June 2025, 24 June 2025, 25 June 2025, 21 July 2025, 28 July 2025, 29 July 2025, and 12 August 2025.