Date: 03 July 2015

NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING PeterLabs Holdings Berhad ("PLabs" or the "Company") PROPOSED PRIVATE PLACEMENT OF UP TO 10% OF THE ISSUED AND PAID-UP SHARE CAPITAL OF PLABS (PROPOSED PRIVATE PLACEMENT)


Type Announcement
Subject NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
FUND RAISING
Description

PeterLabs Holdings Berhad ("PLabs" or the "Company")

PROPOSED PRIVATE PLACEMENT OF UP TO 10% OF THE ISSUED AND PAID-UP SHARE CAPITAL OF PLABS (PROPOSED PRIVATE PLACEMENT)

Reference is made to the Company's announcements dated 30 March 2015, 27 April 2015 and 18 May 2015 in relation to the Proposed Private Placement. Unless otherwise stated, the abbreviations and definitions used in this announcement shall have the same meaning as defined in the abovementioned announcements.

On behalf of the Board of Directors of PLabs, RHB Investment Bank Berhad ("RHB Investment Bank") wishes to announce that the Company has today fixed the issue price of the Placement Shares at RM0.195 per Placement Share ("Issue Price").

The Issue Price represents a discount of approximately RM0.017 or 8.02% to the five (5)-day volume weighted average market price of the Shares up to and including 2 July 2015 of approximately RM0.212 per Share.

The Proposed Private Placement will be implemented based on the approval obtained from PLabs's shareholders at the Company's 5th AGM held on 25 June 2015 to issue new PLabs Shares of up to ten percent (10%) of the issued and paid-up share capital of the Company pursuant to Section 132D of the Act.

This announcement is dated 3 July 2015.