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Listing Information & Profile

Profile for Securities of PLC

Amended Announcements
Please refer to the earlier announcement reference number: LIP-24022020-00001


Instrument Category Securities of PLC
Instrument Type Warrants
Adjustments to the number and exercise price of outstanding warrants 2020/2025 of Techbond Group Berhad ("Techbond" or the "Company") ("Warrants") as specified in the deed poll dated 6 February 2020 constituting the Warrants ("Deed Poll"), as a consequence of the bonus issue of 294,102,373 new ordinary shares in Techbond ("Techbond Shares") ("Bonus Shares") on the basis of 5 Bonus Shares for every 4 existing Techbond Shares held at 5.00 p.m. on 26 March 2021 ("Bonus Issue") ("Adjustments")

1st Further Issue Information

Listing Date 29 Mar 2021
Issue Date 26 Mar 2021
Issue/ Ask Price Not Applicable
Issue Size Indicator Unit
Amount Issued under Further Issue in Unit 137,147,562
Enlarge Issue Size in Unit 252,147,561

Initial Listing Information

Listing Date 02 Mar 2020
Issue Date 25 Feb 2020
Issue/ Ask Price Not Applicable
Issue Size Indicator Unit
Issue Size in Unit 114,999,999
Maturity Mandatory
Maturity Date 24 Feb 2025
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)   0.7600
Revised Exercise/Strike/Conversion Price Malaysian Ringgit (MYR)   0.3300
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) 137,147,562 additional Warrants have been issued and will be listed and quoted on the Main Market of Bursa Malaysia Securities Berhad with effect from 9.00 a.m. on 29 March 2021 (after disregarding the fractional entitlements); and (ii) the exercise price of the Warrants will be adjusted from RM0.76 to RM0.33.

In accordance with the provisions of the Deed Poll, the Adjustments shall take effect on 29 March 2021, being the next market day following the books closure date of the Bonus Issue of 26 March 2021.

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

This announcement is dated 26 March 2021.

Announcement Info

Date Announced 26 Mar 2021
Category Listing Information and Profile
Reference Number LIP-24032021-00001