NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING RENOUNCEABLE RIGHTS ISSUE OF UP TO 160,259,996 NEW ORDINARY SHARES IN ONLY WORLD GROUP HOLDINGS BERHAD ("OWG" OR "COMPANY") ("OWG SHARE(S)") ("RIGHTS SHARE(S)") AT AN ISSUE PRICE OF RM0.21 PER RIGHTS SHARE TOGETHER WITH UP TO 80,129,998 FREE DETACHABLE WARRANTS IN OWG ("WARRANT(S) B") ON THE BASIS OF 2 RIGHTS SHARES TOGETHER WITH 1 FREE WARRANT B FOR EVERY 5 EXISTING OWG SHARES HELD BY THE ENTITLED SHAREHOLDERS OF THE COMPANY AT 5.00 P.M. ON 3 NOVEMBER 2020 ("RIGHTS ISSUE WITH WARRANTS")
| ONLY WORLD GROUP HOLDINGS BERHAD |
| Type | Announcement |
| Subject | NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) FUND RAISING |
| Description | RENOUNCEABLE RIGHTS ISSUE OF UP TO 160,259,996 NEW ORDINARY SHARES IN ONLY WORLD GROUP HOLDINGS BERHAD ("OWG" OR "COMPANY") ("OWG SHARE(S)") ("RIGHTS SHARE(S)") AT AN ISSUE PRICE OF RM0.21 PER RIGHTS SHARE TOGETHER WITH UP TO 80,129,998 FREE DETACHABLE WARRANTS IN OWG ("WARRANT(S) B") ON THE BASIS OF 2 RIGHTS SHARES TOGETHER WITH 1 FREE WARRANT B FOR EVERY 5 EXISTING OWG SHARES HELD BY THE ENTITLED SHAREHOLDERS OF THE COMPANY AT 5.00 P.M. ON 3 NOVEMBER 2020 ("RIGHTS ISSUE WITH WARRANTS") |
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Unless otherwise stated, all definitions and terms used in this announcement shall have the same meanings as defined in OWG’s announcements dated 22 June 2020, 10 August 2020, 8 September 2020, 15 September 2020, 1 October 2020, 2 October 2020, 16 October 2020, 19 October 2020, 3 November 2020, 25 November 2020 and 1 December 2020.
Reference is made to the announcements dated 22 June 2020, 10 August 2020, 8 September 2020, 15 September 2020, 1 October 2020, 2 October 2020, 16 October 2020, 19 October 2020, 3 November 2020, 25 November 2020 and 1 December 2020 in relation to the Rights Issue with Warrants.
On behalf of the Board, PIVB wishes to announce that the Rights Issue with Warrants has been completed today following the listing of and quotation for 114,039,965 Rights Shares, 57,019,981 Warrants B and 17,189,050 Additional Warrants A on the Main Market of Bursa Securities.
This announcement is dated 2 December 2020. |
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Announcement Info
| Company Name | ONLY WORLD GROUP HOLDINGS BERHAD |
| Stock Name | OWG |
| Date Announced | 02 Dec 2020 |
| Category | General Announcement for PLC |
| Reference Number | GA1-30112020-00145 |