Additional Listing Announcement /Subdivision of Shares
ASIAN PAC HOLDINGS BERHAD |
1. Details of Corporate Proposal |
|
Involve issuance of new type/class of securities ? | No |
Types of corporate proposal | Conversion of Loan Stocks |
Details of corporate proposal | Conversion of 250,000 ICULS* to 1,250,000 new ordinary shares |
No. of shares issued under this corporate proposal | 1,250,000 |
Issue price per share ($$) | Malaysian Ringgit (MYR) 0.2000 |
Par Value($$) (if applicable) | Malaysian Ringgit (MYR) 0.000 |
Latest issued share capital after the above corporate proposal in the following |
|
Units | 1,043,037,110 |
Issued Share Capital ($$) | Malaysian Ringgit (MYR) 212,158,630.000 |
Listing Date | 25 Mar 2021 |
Remarks : |
Arising from the migration of the no par value regime under the Companies Act 2016 (CA 2016), par value is no longer relevant. Pursuant to Section 74 of the CA 2016, the latest share capital and the number of issued shares of the Company represented by 1,043,037,110 ordinary shares, equivalent to RM212,158,630.00. *5-year 3% Irredeemable Convertible Unsecured Loan Stocks ("ICULS") at 100% of the nominal value of RM1.00 each issued by the Company. Total amount of outstanding ICULS after the aforesaid conversion is 89,161,961. |
Announcement Info
Company Name | ASIAN PAC HOLDINGS BERHAD |
Stock Name | ASIAPAC |
Date Announced | 24 Mar 2021 |
Category | Additional Listing Announcement /Subdivision of Shares |
Reference Number | ALA-23032021-00031 |