PUC-WA

0.020

+0.01 (+100%)

Listing Information & Profile

Profile for Securities of PLC

Amended Announcements
Please refer to the earlier announcement reference number: OS-150105-55440

PUC BERHAD

Instrument Category Securities of PLC
Instrument Type Warrants
Description
ADJUSTMENTS TO THE NUMBER AND EXERCISE PRICE OF OUTSTANDING WARRANTS 2014/2024 ("WARRANTS A") AS SPECIFIED IN THE DEED POLL DATED 6 NOVEMBER 2014 ("DEED POLL"), AS A CONSEQUENCE OF THE CONSOLIDATION OF EVERY 5 ORDINARY SHARES IN PUC BERHAD ("PUC" OR THE "COMPANY") ("PUC SHARES") INTO 1 CONSOLIDATED SHARE AT 5.00 P.M. ON 6 MARCH 2020 ("BOOKS CLOSURE DATE") ("SHARE CONSOLIDATION")

1st Further Issue Information

Listing Date 09 Mar 2020
Issue Date 06 Mar 2020
Issue/ Ask Price Not Applicable
Issue Size Indicator Unit
Amount Issued under Further Issue in Unit 0
Enlarge Issue Size in Unit 26,552,111

Initial Listing Information

Listing Date 06 Jan 2015
Issue Date 26 Dec 2014
Issue/ Ask Price Not Applicable
Issue Size Indicator Unit
Issue Size in Unit 132,791,321
Maturity Mandatory
Maturity Date 25 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 10.00   Year(s)
Revised Exercise/Conversion Period Not Applicable
Exercise/Strike/Conversion Price Malaysian Ringgit (MYR)   0.1000
Revised Exercise/Strike/Conversion Price Malaysian Ringgit (MYR)   0.5000
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 :
Pursuant to the Share Consolidation, the exercise price of the outstanding Warrants A will be revised from RM0.10 to RM0.50 each while 26,552,111 Consolidated Warrants will be listed and quoted on the ACE Market of Bursa Malaysia Securities Berhad on 9 March 2020 (collectively referred to as the "Adjustments").

Further, in accordance with the provisions of the Deed Poll, the Adjustments takes effect after 5.00 p.m., 6 March 2020, being the entitlement date for the Share Consolidation.

The notice to the holders of the Warrants A (setting out the details of the Adjustments) will be despatched in due course.

This announcement is dated 6 March 2020.


Announcement Info

Company Name PUC BERHAD
Stock Name PUC-WA
Date Announced 06 Mar 2020
Category Listing Information and Profile
Reference Number LIP-06032020-00001