MITRA-WE

0.005

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Listing Information & Profile

Profile for Securities of PLC

MITRAJAYA HOLDINGS BERHAD

Instrument Category Securities of PLC
Instrument Type Warrants
Description
ISSUANCE OF 68,889,075 FREE DETACHABLE WARRANTS IN MITRAJAYA HOLDINGS BERHAD ("MHB") ("WARRANTS E") PURSUANT TO THE RENOUNCEABLE RIGHTS ISSUE OF 137,778,282 NEW ORDINARY SHARES IN MHB ("MHB SHARE(S)" OR "SHARE(S)") ("RIGHTS SHARE(S)") AT AN ISSUE PRICE OF RM0.59 PER RIGHTS SHARE, ON THE BASIS OF ONE (1) RIGHTS SHARE FOR EVERY FIVE (5) EXISTING MHB SHARES HELD AS AT 5.00 P.M. ON 26 MARCH 2018, TOGETHER WITH 68,889,075 WARRANTS E AND AN ATTACHED BONUS ISSUE OF 68,889,075 NEW MHB SHARES ("BONUS SHARE(S)") ON THE BASIS OF ONE (1) WARRANT E AND ONE (1) BONUS SHARE FOR EVERY TWO (2) RIGHTS SHARES SUBSCRIBED ("RIGHTS ISSUE")
Listing Date 25 Apr 2018
Issue Date 18 Apr 2018
Issue/ Ask Price Not Applicable
Issue Size Indicator Unit
Issue Size in Unit 68,889,075
Maturity Mandatory
Maturity Date 17 Apr 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)   0.9400
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 E entitles the registered Warrant E holder, at any time during the exercise period, to subscribe for one (1) new MHB Share at the exercise price of RM0.94 for each Warrant E to be satisfied in cash, subject to the provisions of the deed poll dated 12 March 2018 constituting the Warrants E. The Warrants E shall be exercisable into new MHB Shares on any market day within the period commencing on, and inclusive of, 18 April 2018 up to and including the date immediately preceding the fifth (5th) anniversary of the Warrants E issue date. Any Warrants which are not exercised during the exercise period will thereafter lapse and cease to be valid.


Announcement Info

Company Name MITRAJAYA HOLDINGS BERHAD
Stock Name MITRA-WE
Date Announced 24 Apr 2018
Category Listing Information and Profile
Reference Number LIP-24042018-00002