Cypark Resources Bhd has fixed the issue price for the third tranche of its private placement exercise at 69 sen per share.
In a filing, the renewable energy group said the issue price represents a discount of approximately 2.16% to the five-day volume-weighted average market price (VWAP) of 70.52 sen up to Sept 23, the last trading day before the price-fixing date.
The announcement was made by TA Securities Holdings Bhd on behalf of Cypark’s board of directors.
The third tranche forms part of Cypark’s private placement exercise, which was first announced on June 8, 2026.
The latest filing did not specify the number of shares to be issued under the third tranche or the proceeds expected to be raised.
