HSSEB-WA

0.005

(%)

Listing Information & Profile

Profile for Securities of PLC

HSS ENGINEERS BERHAD

Instrument Category Securities of PLC
Instrument Type Warrants
Description 
ISSUANCE OF 47,862,151 FREE DETACHABLE WARRANTS IN HSS ENGINEERS BERHAD ("WARRANTS") ISSUED PURSUANT TO THE RIGHTS WITH BONUS ISSUE AND WARRANTS
Listing Date 21 Mar 2018
Issue Date 16 Mar 2018
Issue/ Ask Price Not Applicable
Issue Size Indicator Unit
Issue Size in Unit 47,862,151
Maturity Mandatory
Maturity Date 15 Mar 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) � 1.7000
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 share in HSS Engineers Berhad at the exercise price of RM1.70, exercisable at any time during the exercise period indicated above ("Exercise Period"), subject to the adjustments in accordance with the provisions of the deed poll dated 5 February 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 20 March 2018.

Announcement Info

Company Name HSS ENGINEERS BERHAD
Stock Name HSSEB-WA
Date Announced 20 Mar 2018
Category Listing Information and Profile
Reference Number LIP-20032018-00004


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