WIDAD-WA

0.030

(%)

Listing Information & Profile

Profile for Securities of PLC

IDEAL JACOBS (MALAYSIA) CORPORATION BHD

Instrument Category Securities of PLC
Instrument Type Warrants
Description
Issuance of 490,928,369 free warrants ("Warrants") in Ideal Jacobs (Malaysia) Corporation Bhd ("Ideal Jacobs" or "Company") on the basis of 1 Warrant for every 5 existing ordinary shares in Ideal Jacobs held as at 5:00 p.m. on 2 August 2018 ("Free Warrants")
Listing Date 10 Aug 2018
Issue Date 06 Aug 2018
Issue/ Ask Price Not Applicable
Issue Size Indicator Unit
Issue Size in Unit 490,928,369
Maturity Mandatory
Maturity Date 05 Aug 2023
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)   0.3500
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 ordinary share in Ideal Jacobs 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 19 July 2018, 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 9 August 2018.


Announcement Info

Company Name IDEAL JACOBS (MALAYSIA) CORPORATION BHD
Stock Name IJACOBS-WA
Date Announced 09 Aug 2018
Category Listing Information and Profile
Reference Number LIP-09082018-00001