ASIAPAC

0.170

+0.005 (+3%)

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 290,000 ICULS* to 1,450,000 new ordinary shares
No. of shares issued under this corporate proposal 1,450,000
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 1,046,537,110
Issued Share Capital ($$) Malaysian Ringgit (MYR) 212,858,630.000
Listing Date 14 Apr 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 is represented by 1,046,537,110 ordinary shares, equivalent to RM212,858,630.00.

*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 88,461,961.


Announcement Info

Company Name ASIAN PAC HOLDINGS BERHAD
Stock Name ASIAPAC
Date Announced 13 Apr 2021
Category Additional Listing Announcement /Subdivision of Shares
Reference Number ALA-12042021-00007