TECHBND-WA

0.270

+0.01 (+3.8%)

Listing Information & Profile

Profile for Securities of PLC

TECHBOND GROUP BERHAD

Instrument Category Securities of PLC
Instrument Type Warrants
Description
Issuance of 114,999,999 free warrants in Techbond Group Berhad ("Techbond") ("Warrants") on the basis of one (1) Warrant for every two (2) existing ordinary shares in Techbond ("Techbond Shares") held as at 5:00 p.m. on 20 February 2020
Listing Date 02 Mar 2020
Issue Date 25 Feb 2020
Issue/ Ask Price Not Applicable
Issue Size Indicator Unit
Issue Size in Unit 114,999,999
Maturity Mandatory
Maturity Date 24 Feb 2025
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)   0.7600
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 entitles the registered holder of the Warrants to subscribe for one (1) new Techbond Share at any time during the exercise period of five (5) years as indicated above ("Exercise Period") at the exercise price of RM0.76 per new Techbond Share, subject to adjustments in accordance with the provisions of the deed poll dated 6 February 2020 constituting the Warrants. Any Warrant not exercised during the Exercise Period will thereafter lapse and cease to be valid.


This Announcement is dated 28 February 2020.


Announcement Info

Company Name TECHBOND GROUP BERHAD
Stock Name TECHBND-WA
Date Announced 28 Feb 2020
Category Listing Information and Profile
Reference Number LIP-24022020-00001