HONGSENG-WA

1.850

-0.03 (-1.6%)

Listing Information & Profile

Profile for Securities of PLC

MSCM HOLDINGS BERHAD

Instrument Category Securities of PLC
Instrument Type Warrants
Description
MSCM HOLDINGS BERHAD (FORMERLY KNOWN AS PANPAGES BERHAD) ("MSCM" OR "COMPANY")

ISSUANCE OF FREE DETACHABLE WARRANTS IN MSCM ("WARRANTS") TO THE ENTITLED SHAREHOLDERS OF MSCM PURSUANT TO THE RENOUNCEABLE RIGHTS ISSUE OF 53,097,137 NEW ORDINARY SHARES IN MSCM ("MSCM SHARES") ("RIGHTS SHARES") ON THE BASIS OF 1 RIGHTS SHARE FOR EVERY 5 EXISTING MSCM SHARES HELD AS AT 5.00 P.M. ON 29 AUGUST 2019 AT AN ISSUE PRICE OF RM0.25 PER RIGHTS SHARE, TOGETHER WITH 159,291,411 WARRANTS ON THE BASIS OF 3 WARRANTS FOR EVERY 1 RIGHTS SHARE SUBSCRIBED FOR
Listing Date 02 Oct 2019
Issue Date 23 Sep 2019
Issue/ Ask Price Not Applicable
Issue Size Indicator Unit
Issue Size in Unit 159,291,411
Maturity Mandatory
Maturity Date 22 Sep 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 MSCM Share at the exercise price (as set out above) and at any time during the exercise period (as set out above) ("Exercise Period") subject to the adjustments in accordance with the provisions of the deed poll dated 13 August 2019 constituting the Warrants. Any Warrants not exercised during the Exercise Period will thereafter lapse and cease to be valid.

This announcement is dated 1 October 2019.


Announcement Info

Company Name MSCM HOLDINGS BERHAD
Stock Name MYSCM-WA
Date Announced 01 Oct 2019
Category Listing Information and Profile
Reference Number LIP-27092019-00001