TCS-WA

0.005

(%)

Listing Information & Profile

Profile for Securities of PLC

TCS GROUP HOLDINGS BERHAD

Instrument Category Securities of PLC
Instrument Type Warrants
Description
TCS GROUP HOLDINGS BERHAD ("TCS")
ISSUANCE OF 180,000,000 FREE WARRANTS IN TCS ("WARRANTS") ON THE BASIS OF ONE WARRANT FOR EVERY TWO EXISTING ORDINARY SHARES IN TCS ("TCS SHARES") HELD AT 5.00 P.M. ON 11 MARCH 2021
Listing Date 22 Mar 2021
Issue Date 16 Mar 2021
Issue/ Ask Price Not Applicable
Issue Size Indicator Unit
Issue Size in Unit 180,000,000
Maturity Mandatory
Maturity Date 15 Mar 2024
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 3.00   Year(s)
Revised Exercise/Conversion Period Not Applicable
Exercise/Strike/Conversion Price Malaysian Ringgit (MYR)   0.3800
Revised Exercise/Strike/Conversion Price Not Applicable
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 :
Each Warrant entitles the holders of the Warrant to subscribe for one new TCS Share at any time during the period commencing on and including 16 March 2021 (being the date of issuance of the Warrants) and ending on the close of business at 5.00 p.m. on 15 March 2024 (if not a market day, the immediately preceding market day, being the expiry of the tenure of the Warrants) ("Exercise Period") at the exercise price of RM0.38 per TCS Share, subject to adjustments in accordance with the provisions of the deed poll dated 25 February 2021 constituting the Warrants.

Any Warrants not exercised during the Exercise Period will thereafter lapse and cease to be valid.

This announcement is dated 19 March 2021.


Announcement Info

Company Name TCS GROUP HOLDINGS BERHAD
Stock Name TCS-WA
Date Announced 19 Mar 2021
Category Listing Information and Profile
Reference Number LIP-18032021-00008