Additional Listing Announcement /Subdivision of Shares
| KTG BERHAD |
1. Details of Corporate Proposal |
|
| Involve issuance of new type/class of securities ? | No |
| Types of corporate proposal | Conversion of Preference Shares |
| Details of corporate proposal | Conversion of Irredeemable Convertible Preference Shares |
| No. of shares issued under this corporate proposal | 1,881,980 |
| Issue price per share ($$) | Malaysian Ringgit (MYR) 0.6000 |
| Par Value($$) (if applicable) | |
Latest issued share capital after the above corporate proposal in the following |
|
| Units | 690,705,280 |
| Issued Share Capital ($$) | Malaysian Ringgit (MYR) 336,906,763.180 |
| Listing Date | 15 Apr 2021 |
| Remarks : |
Arising from the migration to the no par value regime under the Companies Act 2016, par value is no longer relevant. Pursuant to Section 74(2) of the Companies Act 2016, the latest share capital and number of issued shares of the Company is represented by 690,705,280 ordinary shares equivalent to RM336,906,763.18. . A total of 1,881,980 ordinary shares in the capital of the Company was issued pursuant to the mandatory conversion of 18,819,800 ICPS to 1,881,980 ordinary shares by way of conversion of ten (10) ICPS in exchange of one (1) new ordinary share. |
Announcement Info
| Company Name | KTG BERHAD |
| Stock Name | KTG |
| Date Announced | 14 Apr 2021 |
| Category | Additional Listing Announcement /Subdivision of Shares |
| Reference Number | ALA-12042021-00017 |