Expiry/Maturity of the securities
| SOUTHERN STEEL BERHAD |
| Instrument Category | Securities of PLC |
| Instrument Type | Loan Stocks |
| Type Of Expiry | Expiry/Maturity of the securities |
| Mode of Satisfaction of Exercise/Conversion price | Tendering of securities |
| Exercise/ Strike/ Conversion Price | Malaysian Ringgit (MYR) 1.0500 |
| Exercise/ Conversion Ratio | Remarks |
| Settlement Type / Convertible into | Physical (Shares) |
| Last Date & Time of Trading | 08 Jan 2020 05:00 PM |
| Date & Time of Suspension | 09 Jan 2020 09:00 AM |
| Last Date & Time for Transfer into Depositor's CDS a/c | 17 Jan 2020 04:30 PM |
| Date & Time of Expiry | 24 Jan 2020 05:00 PM |
| Date & Time for Delisting | 28 Jan 2020 09:00 AM |
| Remarks : |
Based on the conversion price of RM1.05 ("Conversion Price"), the redeemable convertible unsecured loan stocks ("RCULS") will be converted into new ordinary shares in Southern Steel Berhad by surrendering the RCULS with an aggregate nominal value equivalent to the Conversion Price.
This announcement is dated 13 December 2019. |
Please refer attachment below.
Announcement Info
| Company Name | SOUTHERN STEEL BERHAD |
| Stock Name | SSTEEL-LB |
| Date Announced | 13 Dec 2019 |
| Category | Expiry/Maturity/Termination of Securities |
| Reference Number | EOS-12122019-00001 |