HEXIND-WA

0.005

(%)

Listing Information & Profile

Profile for Securities of PLC

Amended Announcements
Please refer to the earlier announcement reference number: LIP-02122016-00007

SCH GROUP BERHAD

Instrument Category Securities of PLC
Instrument Type Warrants
Description
Adjustments to the number and exercise price of outstanding SCH warrants 2016/2021 ("Warrants") as a consequence of the consolidation of every 3 existing ordinary shares in SCH Group Berhad ("SCH" or the "Company") ("SCH Shares" or "Shares") held at 5.00 p.m. on 12 March 2021 into 1 SCH Share ("Entitlement Date") ("Share Consolidation")

1st Further Issue Information

Listing Date 15 Mar 2021
Issue Date 12 Mar 2021
Issue/ Ask Price Not Applicable
Issue Size Indicator Unit
Amount Issued under Further Issue in Unit 0
Enlarge Issue Size in Unit 68,612,509

Initial Listing Information

Listing Date 08 Dec 2016
Issue Date 05 Dec 2016
Issue/ Ask Price Not Applicable
Issue Size Indicator Unit
Issue Size in Unit 206,117,010
Maturity Non Mandatory
Maturity Date Not Applicable
Name of Guarantor Not Applicable
Name of Trustee Not Applicable
Coupon/Profit/Interest/Payment Rate
Coupon/Profit/Interest/Payment Frequency
Redemption
Exercise/Conversion Period 5.00   Year(s)
Revised Exercise/Conversion Period Not Applicable
Exercise/Strike/Conversion Price Malaysian Ringgit (MYR)   0.1000
Revised Exercise/Strike/Conversion Price Malaysian Ringgit (MYR)   0.3000
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 Adjustments, (i) the existing number of 205,839,310 Warrants as at the Entitlement Date will be adjusted into 68,612,509 Warrants (after disregarding the fractional entitlements arising from the Adjustments) which will be listed and quoted on the ACE Market of Bursa Malaysia Securities Berhad (Bursa Securities) on 15 March 2021 and (ii) the existing exercise price of Warrants will be revised from RM0.10 to RM0.30 each.

Further, in accordance with the provisions of the Deed Poll, the Adjustments will take effect from 15 March 2021, being the next market day following the Entitlement Date.

The notice to the holders of Warrants (setting out the details of the Adjustments) will be despatched not later than 8 market days after the date of listing and quotation of the Consolidated Warrants on Bursa Securities.

This announcement is dated 12 March 2021.


Announcement Info

Company Name SCH GROUP BERHAD
Stock Name SCH-WA
Date Announced 12 Mar 2021
Category Listing Information and Profile
Reference Number LIP-12032021-00009