ACME-WA

0.055

+0.005 (+10%)

Listing Information & Profile

Profile for Securities of PLC

ACME HOLDINGS BERHAD

Instrument Category Securities of PLC
Instrument Type Warrants
Description 
ACME HOLDINGS BERHAD ("ACME" OR "COMPANY")

BONUS ISSUE OF 57,493,372 FREE WARRANTS IN ACME ("WARRANTS") ON THE BASIS OF 1 WARRANT FOR EVERY 4 EXISTING ORDINARY SHARES IN ACME ("ACME SHARES") HELD BY THE ENTITLED SHAREHOLDERS OF ACME AT 5.00 P.M. ON 21 NOVEMBER 2019 ("BONUS ISSUE OF WARRANTS")
Listing Date 29 Nov 2019
Issue Date 22 Nov 2019
Issue/ Ask Price Not Applicable
Issue Size Indicator Unit
Issue Size in Unit 57,493,372
Maturity Mandatory
Maturity Date 21 Nov 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)   0.2500
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 carries the entitlement to subscribe for 1 new ACME Share at the exercise price (as indicated above) and at any time during the exercise period (as indicated above) ("Exercise Period") subject to the adjustments in accordance with the provisions of the deed poll dated 7 November 2019 constituting the Warrants. Any Warrants not exercised during the Exercise Period will thereafter lapse and cease to be valid for any purpose.

This announcement is dated 28 November 2019.

Announcement Info

Company Name ACME HOLDINGS BERHAD
Stock Name ACME-WA
Date Announced 28 Nov 2019
Category Listing Information and Profile
Reference Number LIP-25112019-00001


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