HOMERIZ-WB

0.045

(%)

Listing Information & Profile

Profile for Securities of PLC

Amended Announcements
Please refer to the earlier announcement reference number: LIP-08072019-00002

HOMERITZ CORPORATION BERHAD

Instrument Category Securities of PLC
Instrument Type Warrants
Description
Adjustment to the exercise price and the number of outstanding warrants 2019/2022 in Homeritz Corporation Berhad ("Homeritz") constituted by the deed poll dated 14 June 2019 ("Deed Poll") pursuant to the bonus issue of up 82,274,350 new ordinary shares in Homeritz ("Bonus Shares") on the basis of 1 Bonus Share for every 4 existing ordinary shares held in Homeritz at 5.00 p.m. on 15 December 2020 ("Entitlement Date")

1st Further Issue Information

Listing Date 16 Dec 2020
Issue Date 15 Dec 2020
Issue/ Ask Price Not Applicable
Issue Size Indicator Unit
Amount Issued under Further Issue in Unit 11,477,601
Enlarge Issue Size in Unit 57,392,247

Initial Listing Information

Listing Date 09 Jul 2019
Issue Date 04 Jul 2019
Issue/ Ask Price Not Applicable
Issue Size Indicator Unit
Issue Size in Unit 75,002,408
Maturity Mandatory
Maturity Date 03 Jul 2022
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 3.00   Year(s)
Revised Exercise/Conversion Period Not Applicable
Exercise/Strike/Conversion Price Malaysian Ringgit (MYR)   0.5400
Revised Exercise/Strike/Conversion Price Malaysian Ringgit (MYR)   0.4300
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 :
Following the Bonus Issue, the exercise price of the outstanding Warrants B will be revised from RM0.54 to RM0.43 each while 11,477,601 additional Warrants B will be listed and quoted on the Main Market of Bursa Malaysia Securities Berhad on 16 December 2020 (collectively referred to as the "Adjustments"). 

Further, in accordance with the provisions of the Deed Poll, the Adjustments will take effect on 16 December 2020, being the next market day following the Entitlement Date for the Bonus Issue.

The notice to the holders of Warrants B setting out the details of the Adjustments as well as the notice of allotment of the additional Warrants B will be despatched in due course. 

This announcement is dated 15 December 2020.


Announcement Info

Company Name HOMERITZ CORPORATION BERHAD
Stock Name HOMERIZ-WB
Date Announced 15 Dec 2020
Category Listing Information and Profile
Reference Number LIP-15122020-00001