Additional Listing Announcement /Subdivision of Shares
DYNACIATE GROUP BERHAD |
1. Details of Corporate Proposal |
|
Involve issuance of new type/class of securities ? | No |
Types of corporate proposal | Conversion of Preference Shares |
Details of corporate proposal | Conversion period of 5 years. Irredeemable Convertible Preference Shares (ICPS) at an issue price of RM0.06 per ICPS together with free detachable Warrants on the basis of 8 ICPS together with 1 free Warrant for every 2 existing Ordinary Shares |
No. of shares issued under this corporate proposal | 13,500 |
Issue price per share ($$) | Malaysian Ringgit (MYR) 0.1200 |
Par Value($$) (if applicable) | Malaysian Ringgit (MYR) 0.000 |
Latest issued share capital after the above corporate proposal in the following |
|
Units | 590,118,496 |
Issued Share Capital ($$) | Malaysian Ringgit (MYR) 71,159,137.480 |
Listing Date | 24 Jun 2020 |
Remarks : |
Arising from the migration to the no par value regime under the Companies Act ("CA") 2016, par value is no longer relevant, pursuant to Section 74 of the CA 2016. This announcement is dated 23 June 2020. |
Announcement Info
Company Name | DYNACIATE GROUP BERHAD |
Stock Name | DYNACIA |
Date Announced | 23 Jun 2020 |
Category | Additional Listing Announcement /Subdivision of Shares |
Reference Number | ALA-22062020-00023 |