ALLIANZ

19.980

+0.04 (+0.2%)

Additional Listing Announcement /Subdivision of Shares

ALLIANZ MALAYSIA BERHAD

1. Details of Corporate Proposal

Involve issuance of new type/class of securities ? No
Types of corporate proposal Conversion of Preference Shares
Details of corporate proposal Conversion of irredeemable convertible preference shares ("ICPS") in Allianz Malaysia Berhad ("AMB") into ordinary shares in AMB ("AMB Share")
No. of shares issued under this corporate proposal 5,750
Issue price per share ($$) Malaysian Ringgit (MYR)   0.0000
Par Value($$) (if applicable)   0.000
Latest issued share capital after the above corporate proposal in the following
Units 176,887,639
Issued Share Capital ($$) Malaysian Ringgit (MYR) 232,597,183.000
Listing Date 03 Oct 2019


Remarks :
The Conversion Price is fixed at 1 new AMB Share and shall be satisfied by surrendering 1 ICPS for each new AMB Share. No cash is payable by the holder of the ICPS upon conversion of the ICPS to AMB Share.

Arising from the migration to the no par value regime under the Companies Act 2016 ("CA2016"), par value is no longer relevant. Pursuant to Section 74 of the CA2016, the latest share capital and number of issued shares of the Company is represented by 176,887,639 ordinary shares and 169,318,146 ICPS, equivalent to RM771,028,887.


Announcement Info

Company Name ALLIANZ MALAYSIA BERHAD
Stock Name ALLIANZ
Date Announced 02 Oct 2019
Category Additional Listing Announcement /Subdivision of Shares
Reference Number ALA-30092019-00007