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Listing Information & Profile

Profile for Securities of PLC


Instrument Category Securities of PLC
Instrument Type Warrants
Issuance of free detachable warrants in Niche Capital Emas Holdings Berhad ("NICE") ("Warrants") pursuant to the renounceable rights issue of up to 1,665,189,250 new ordinary shares in NICE ("NICE Shares") ("Rights Shares") on the basis of 5 Rights Shares for every 1 existing NICE Share held by the entitled shareholders as at 5.00 p.m. on Thursday, 27 December 2018, together with up to 999,113,550 Warrants on the basis of 3 Warrants for every 5 Rights Shares subscribed for at an issue price of RM0.045 per Rights Share
Listing Date 28 Jan 2019
Issue Date 23 Jan 2019
Issue/ Ask Price Not Applicable
Issue Size Indicator Unit
Issue Size in Unit 221,637,630
Maturity Mandatory
Maturity Date 22 Jan 2024
Revised Maturity Date
Name of Guarantor Not Applicable
Name of Trustee Not Applicable
Coupon/Profit/Interest/Payment Rate Not Applicable
Coupon/Profit/Interest/Payment Frequency Not Applicable
Redemption Not Applicable
Exercise/Conversion Period 5.00   Year(s)
Revised Exercise/Conversion Period Not Applicable
Exercise/Strike/Conversion Price Malaysian Ringgit (MYR)   0.0600
Revised Exercise/Strike/Conversion Price Not Applicable
Exercise/Conversion Ratio 1: 1
Revised Exercise/Conversion Ratio Not Applicable
Mode of satisfaction of Exercise/ Conversion price Cash
Settlement Type/ Convertible into Physical (Shares)

Remarks :
Each Warrant entitles the Warrant holder to subscribe for 1 new NICE Share at any time during the exercise period as indicated above ("Exercise Period") at the exercise price of RM0.06, subject to adjustments in accordance with the provisions of the deed poll dated 10 December 2018. Any Warrants which are not exercised during the Exercise Period will thereafter lapse and cease to be valid for any purpose.

This announcement is dated 25 January 2019.

Announcement Info

Stock Name NICE-WB
Date Announced 25 Jan 2019
Category Listing Information and Profile
Reference Number LIP-25012019-00001