TFP-WB

0.025

(%)

Listing Information & Profile

Profile for Securities of PLC

TFP SOLUTIONS BERHAD

Instrument Category Securities of PLC
Instrument Type Warrants
Description
Issuance of free detachable warrants in TFP ("Warrants") to the entitled shareholders of TFP pursuant to the renounceable rights issue of up to 268,754,045 ordinary shares in TFP ("TFP Shares") ("Rights Shares") on the basis of 1 Rights Share and 1 Warrant for every 1 existing TFP Share held as at 5.00 p.m. on 28 August 2020
Listing Date 30 Sep 2020
Issue Date 22 Sep 2020
Issue/ Ask Price Not Applicable
Issue Size Indicator Unit
Issue Size in Unit 227,406,945
Maturity Mandatory
Maturity Date 21 Sep 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)   0.0300
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 carries the entitlement to subscribe for 1 new TFP Share at the exercise price (as set out above) and at any time during the exercise period (as set out above) (Exercise Period) subject to the adjustments in accordance with the provisions of the deed poll dated 13 August 2020 constituting the Warrants. Any Warrants not exercised during the Exercise Period will thereafter lapse and cease to be valid.

This announcement is dated 29 September 2020.


Announcement Info

Company Name TFP SOLUTIONS BERHAD
Stock Name TFP-WB
Date Announced 29 Sep 2020
Category Listing Information and Profile
Reference Number LIP-24092020-00034