Additional Listing Announcement /Subdivision of Shares
| HIBISCUS PETROLEUM 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 of Islamic Convertible Redeemable Preference Shares to Ordinary Shares |
| No. of shares issued under this corporate proposal | 633,333 |
| Issue price per share ($$) | Malaysian Ringgit (MYR) 0.4800 |
| Par Value($$) (if applicable) | Malaysian Ringgit (MYR) |
Latest issued share capital after the above corporate proposal in the following |
|
| Units | 1,721,223,329 |
| Issued Share Capital ($$) | Malaysian Ringgit (MYR) 827,154,591.940 |
| Listing Date | 23 Dec 2020 |
| Remarks : |
(i) The issue price per share refers to the conversion price of Tranche 2 of the Islamic Convertible Redeemable Preference Shares to Ordinary Shares. (ii) The latest ordinary share capital and number of issued ordinary shares of the Company is RM827,154,591.94 comprising 1,721,223,329 ordinary shares in Hibiscus Petroleum Berhad. |
Announcement Info
| Company Name | HIBISCUS PETROLEUM BERHAD |
| Stock Name | HIBISCS |
| Date Announced | 22 Dec 2020 |
| Category | Additional Listing Announcement /Subdivision of Shares |
| Reference Number | ALA-21122020-00024 |