TANCO-WB

0.120

(%)

Listing Information & Profile

Profile for Securities of PLC

TANCO HOLDINGS BERHAD

Instrument Category Securities of PLC
Instrument Type Warrants
Description 
Issuance of free warrants ("Warrants") on the basis of 1 Warrant for every 2 existing ordinary shares in Tanco Holdings Berhad ("Tanco") ("Tanco Shares") held at 5:00 p.m. at 20 August 2018
Listing Date 03 Sep 2018
Issue Date 24 Aug 2018
Issue/ Ask Price Not Applicable
Issue Size Indicator Unit
Issue Size in Unit 335,684,240
Maturity Mandatory
Maturity Date 23 Aug 2021
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 3.00   Year(s)
Revised Exercise/Conversion Period Not Applicable
Exercise/Strike/Conversion Price Malaysian Ringgit (MYR)   0.0500
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 Tanco Share at any time during the exercise period as indicated above ("Exercise Period") at the exercise price of RM0.05, subject to adjustments in accordance with the provisions of the Deed Poll dated 6 August 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 30 August 2018.

Announcement Info

Company Name TANCO HOLDINGS BERHAD
Stock Name TANCO-WB
Date Announced 30 Aug 2018
Category Listing Information and Profile
Reference Number LIP-30082018-00001


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