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Listing Information & Profile

Profile for Securities of PLC

MACPIE BERHAD

Instrument Category Securities of PLC
Instrument Type Warrants
Description
BONUS ISSUE OF 459,467,057 FREE WARRANTS IN MACPIE BERHAD ("MACPIE" OR THE "COMPANY") ("WARRANTS B") ON THE BASIS OF 1 WARRANT B FOR EVERY 2 ORDINARY SHARES IN MACPIE HELD BY ENTITLED SHAREHOLDERS OF MACPIE AT 5.00 P.M. ON 8 MARCH 2021 ("BONUS ISSUE OF WARRANTS")
Listing Date 12 Mar 2021
Issue Date 09 Mar 2021
Issue/ Ask Price Not Applicable
Issue Size Indicator Unit
Issue Size in Unit 459,467,057
Maturity Mandatory
Maturity Date 08 Mar 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)   0.1600
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 B carries the entitlement to subscribe for 1 new ordinary share in Macpie at the exercise price of RM0.16 at any time during the period commencing on and including 9 March 2021 (being the date of issuance of the Warrants B) and ending on the close of business at 5.00 p.m. on 8 March 2024 (being the expiry of the tenure of the Warrants B) ("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 B dated 22 February 2021. Any Warrant B 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 B falls on a non-market day, then it will fall on the preceding market day.

This announcement is dated 11 March 2021.


Announcement Info

Company Name MACPIE BERHAD
Stock Name MACPIE-WB
Date Announced 11 Mar 2021
Category Listing Information and Profile
Reference Number LIP-10032021-00006