SERBADK-WA

0.005

(%)

Listing Information & Profile

Profile for Securities of PLC

SERBA DINAMIK HOLDINGS BERHAD

Instrument Category Securities of PLC
Instrument Type Warrants
Description
Issuance of 881,099,921 free warrants in Serba Dinamik Holdings Berhad ("SDHB") ("Warrants") on the basis of two Warrants for every five subdivided shares
Listing Date 13 Dec 2019
Issue Date 06 Dec 2019
Issue/ Ask Price Not Applicable
Issue Size Indicator Unit
Issue Size in Unit 881,099,921
Maturity Mandatory
Maturity Date 05 Dec 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)   2.6200
Revised Exercise/Strike/Conversion Price Not Applicable
Exercise/Conversion Ratio 2:5
Revised Exercise/Conversion Ratio Not Applicable
Mode of satisfaction of Exercise/ Conversion price Cash
Settlement Type/ Convertible into Physical (Shares)



Remarks :
Each Warrant entitles the warrantholder, at any time during the period commencing on and including 6 December 2019 (being the date of issuance of the Warrants) and ending at the close of business at 5.00 p.m. on 5 December 2024 (being the expiry of the tenure) ("Exercise Period"), to subscribe for one new share in SDHB, at RM2.62 (being the exercise price), subject to adjustments in accordance with the provisions of the deed poll dated 19 November 2019 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 12 December 2019.


Announcement Info

Company Name SERBA DINAMIK HOLDINGS BERHAD
Stock Name SERBADK-WA
Date Announced 12 Dec 2019
Category Listing Information and Profile
Reference Number LIP-12122019-00012