PA-WB

0.125

(%)

Listing Information & Profile

Profile for Securities of PLC

Amended Announcements
Please refer to the earlier announcement reference number: LIP-21122017-00001

P.A. RESOURCES BERHAD

Instrument Category Securities of PLC
Instrument Type Warrants
Description 
ADJUSTMENTS TO THE NUMBER AND EXERCISE PRICE OF OUTSTANDING WARRANTS 2017/2022 ("WARRANT(S) B") AS SPECIFIED IN THE DEED POLL DATED 08 NOVEMBER 2017 ("DEED POLL"), AS A CONSEQUENCE OF THE SHARE CONSOLIDATION OF EVERY 2 EXISTING ORDINARY SHARES IN P.A. RESOURCES BERHAD ("PARB") ("PARB SHARE(S)") INTO 1 PARB SHARE ("CONSOLIDATED SHARE(S)") AS AT 5.00 P.M. ON 9 FEBRUARY 2021 ("SHARE CONSOLIDATION")

1st Further Issue Information

Listing Date 10 Feb 2021
Issue Date 09 Feb 2021
Issue/ Ask Price Not Applicable
Issue Size Indicator Unit
Amount Issued under Further Issue in Unit 0
Enlarge Issue Size in Unit 307,507,112

Initial Listing Information

Listing Date 22 Dec 2017
Issue Date 18 Dec 2017
Issue/ Ask Price Not Applicable
Issue Size Indicator Unit
Issue Size in Unit 757,225,327
Maturity Mandatory
Maturity Date 17 Dec 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 5.00   Year(s)
Revised Exercise/Conversion Period Not Applicable
Exercise/Strike/Conversion Price Malaysian Ringgit (MYR)   0.0600
Revised Exercise/Strike/Conversion Price Malaysian Ringgit (MYR)   0.1200
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 : 
Pursuant to the Share Consolidation, the exercise price of the outstanding Warrants B will be revised from RM0.06 to RM0.12 each while 307,507,112 Consolidated Warrants B will be listed and quoted on the Main Market of Bursa Malaysia Securities Berhad on 10 February 2021 (collectively referred to as the "Adjustments").

Further, in accordance with the provisions of the Deed Poll, the Adjustments takes effect from 5.00 p.m., 9 February 2021, being the Entitlement Date for the Share Consolidation.

The notice to the holders of the Warrants B (setting out the details of the Adjustments) will be despatched in due course.


This announcement is dated 9 February 2021.

Announcement Info

Company Name P.A. RESOURCES BERHAD
Stock Name PA-WB
Date Announced 09 Feb 2021
Category Listing Information and Profile
Reference Number LIP-09022021-00002


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