KOMARK-WC

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Listing Information & Profile

Profile for Securities of PLC

KOMARKCORP BERHAD

Instrument Category Securities of PLC
Instrument Type Warrants
Description
BONUS ISSUE OF 133,625,329 NEW WARRANTS IN KOMARKCORP BERHAD ("KOMARKCORP" OR THE "COMPANY") ("WARRANTS C") ON THE BASIS OF 1 WARRANT C FOR EVERY 2 EXISTING ORDINARY SHARES IN KOMARKCORP ("KOMARKCORP SHARES" OR "SHARES") HELD BY ENTITLED SHAREHOLDERS OF KOMARKCORP AT 5.00 P.M. ON 7 JANUARY 2021 ("BONUS ISSUE OF WARRANTS")
Listing Date 15 Jan 2021
Issue Date 11 Jan 2021
Issue/ Ask Price Not Applicable
Issue Size Indicator Unit
Issue Size in Unit 133,625,329
Maturity Mandatory
Maturity Date 10 Jan 2024
Revised Maturity Date
Name of Guarantor
Name of Trustee
Coupon/Profit/Interest/Payment Rate
Coupon/Profit/Interest/Payment Frequency
Redemption
Exercise/Conversion Period 3.00   Year(s)
Revised Exercise/Conversion Period  
Exercise/Strike/Conversion Price Malaysian Ringgit (MYR)   1.0000
Revised Exercise/Strike/Conversion Price  
Exercise/Conversion Ratio 1:1
Revised Exercise/Conversion Ratio
Mode of satisfaction of Exercise/ Conversion price Cash
Settlement Type/ Convertible into Physical (Shares)



Remarks :
Each Warrant C carries the entitlement to subscribe for 1 new Share at the exercise price of RM1.00 at any time during the exercise period (as indicated above) ("Exercise Period"), subject to any adjustments that may be made from time to time in accordance with the provisions of the deed poll constituting the Warrants C dated 6 January 2021. Any Warrant C not exercised during the Exercise Period will thereafter lapse and cease to be valid for any purpose and shall be cancelled and treated to have been cancelled forthwith.

If the maturity date of the Warrants C falls on a non-market day, then it will fall on the preceding market day.

This announcement is dated 14 January 2021.


Announcement Info

Company Name KOMARKCORP BERHAD
Stock Name KOMARK-WC
Date Announced 14 Jan 2021
Category Listing Information and Profile
Reference Number LIP-14012021-00001