PARAMON

1.170

-0.01 (-0.8%)

Additional Listing Announcement /Subdivision of Shares

PARAMOUNT CORPORATION BERHAD

1. Details of Corporate Proposal

Involve issuance of new type/class of securities ? No
Types of corporate proposal Others
Details of corporate proposal Long Term Incentive Plan - Vesting of restricted shares (2017) Grant
No. of shares issued under this corporate proposal 1,107,000
Issue price per share ($$) Malaysian Ringgit (MYR)   0.9910
Par Value($$) (if applicable)  
Latest issued share capital after the above corporate proposal in the following
Units 607,789,566
Issued Share Capital ($$) Malaysian Ringgit (MYR) 318,041,646.380
Listing Date 19 Mar 2020

2. Details of Corporate Proposal

Involve issuance of new type/class of securities ? No
Types of corporate proposal Others
Details of corporate proposal Long Term Incentive Plan - Vesting of restricted shares (2018) Grant
No. of shares issued under this corporate proposal 957,400
Issue price per share ($$) Malaysian Ringgit (MYR)   1.2770
Par Value($$) (if applicable)  
Latest issued share capital after the above corporate proposal in the following
Units 608,746,966
Issued Share Capital ($$) Malaysian Ringgit (MYR) 319,264,246.180
Listing Date 19 Mar 2020

3. Details of Corporate Proposal

Involve issuance of new type/class of securities ? No
Types of corporate proposal Others
Details of corporate proposal Long Term Incentive Plan - Vesting of restricted shares (2019) Grant
No. of shares issued under this corporate proposal 962,700
Issue price per share ($$) Malaysian Ringgit (MYR)   1.4600
Par Value($$) (if applicable)  
Latest issued share capital after the above corporate proposal in the following
Units 609,709,666
Issued Share Capital ($$) Malaysian Ringgit (MYR) 320,669,788.180
Listing Date 19 Mar 2020

4. Details of Corporate Proposal

Involve issuance of new type/class of securities ? No
Types of corporate proposal Others
Details of corporate proposal Long Term Incentive Plan - Vesting of performance-based shares (2017) Grant
No. of shares issued under this corporate proposal 1,693,200
Issue price per share ($$) Malaysian Ringgit (MYR)   0.7310
Par Value($$) (if applicable)  
Latest issued share capital after the above corporate proposal in the following
Units 611,402,866
Issued Share Capital ($$) Malaysian Ringgit (MYR) 321,907,517.380
Listing Date 19 Mar 2020

5. Details of Corporate Proposal

Involve issuance of new type/class of securities ? No
Types of corporate proposal Others
Details of corporate proposal Long Term Incentive Plan - Vesting of performance-based shares (2017) Grant
No. of shares issued under this corporate proposal 3,041,100
Issue price per share ($$) Malaysian Ringgit (MYR)   0.9870
Par Value($$) (if applicable)  
Latest issued share capital after the above corporate proposal in the following
Units 614,443,966
Issued Share Capital ($$) Malaysian Ringgit (MYR) 324,909,083.080
Listing Date 19 Mar 2020


Remarks :
The issued capital of the Company as at 31 December 2019 was adjusted to RM316,944,609.38 due to adjustments in employees share reserves amounting to RM83,092.50. Pursuant to Section 74 of the Companies Act 2016, the latest issued capital and the number of issued shares in the Company upon vesting of the above Long Term Incentive Plan Shares is represented by 614,443,966 ordinary shares equivalent to RM324,909,083.08.


Announcement Info

Company Name PARAMOUNT CORPORATION BERHAD
Stock Name PARAMON
Date Announced 18 Mar 2020
Category Additional Listing Announcement /Subdivision of Shares
Reference Number ALA-06032020-00008