OMESTI-WC

0.030

-0.005 (-14.3%)

Listing Information & Profile

Profile for Securities of PLC

OMESTI BERHAD

Instrument Category Securities of PLC
Instrument Type Warrants
Description
248,362,936 NEW WARRANTS IN OMESTI BERHAD ("OMESTI") ("WARRANTS") ISSUED PURSUANT TO THE RENOUNCEABLE RIGHTS ISSUE ("RIGHTS ISSUE OF RPS WITH WARRANTS")
Listing Date 07 Apr 2021
Issue Date 01 Apr 2021
Issue/ Ask Price Not Applicable
Issue Size Indicator Unit
Issue Size in Unit 248,362,936
Maturity Mandatory
Maturity Date 31 Mar 2026
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)   0.5000
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 :
The Warrants may be exercised at any time during the tenure of 5 years commencing from and including the date of issue of the Warrants until 5.00 p.m. (Malaysia time) on the expiry date.  If such date is not a Market Day, then it shall be the next Market Day immediately after the said non Market Day ("Exercise Period"). Each Warrant carries the entitlement to subscribe 1 new ordinary share in Omesti at any time during the Exercise Period at the Warrants Exercise Price, subject to adjustments in accordance with the provisions of the Deed Poll.

The rights attached to the Warrants which are not exercised during the Exercise Period will thereafter lapse.

This announcement is dated 6 April 2021.


Announcement Info

Company Name OMESTI BERHAD
Stock Name OMESTI-WC
Date Announced 06 Apr 2021
Category Listing Information and Profile
Reference Number LIP-05042021-00014