HIBISCS

2.540

-0.02 (-0.8%)

Additional Listing Announcement /Subdivision of Shares

HIBISCUS PETROLEUM 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 Islamic Convertible Redeemable Preference Shares to Ordinary Shares
No. of shares issued under this corporate proposal 370,000
Issue price per share ($$) Malaysian Ringgit (MYR)   0.4800
Par Value($$) (if applicable) Malaysian Ringgit (MYR)  
Latest issued share capital after the above corporate proposal in the following
Units 1,988,593,404
Issued Share Capital ($$) Malaysian Ringgit (MYR) 954,235,047.940
Listing Date 16 Apr 2021


Remarks :
(i) The issue price per share refers to the conversion price of Tranche 2 of the Islamic Convertible Redeemable Preference Shares to Ordinary Shares.
 
(ii) The latest ordinary share capital and number of issued ordinary shares of the Company is RM954,235,047.94 comprising of 1,988,593,404 ordinary shares in Hibiscus Petroleum Berhad.


Announcement Info

Company Name HIBISCUS PETROLEUM BERHAD
Stock Name HIBISCS
Date Announced 15 Apr 2021
Category Additional Listing Announcement /Subdivision of Shares
Reference Number ALA-14042021-00001