KAB-WA

0.025

-0.01 (-28.6%)

Listing Information & Profile

Profile for Securities of PLC

KEJURUTERAAN ASASTERA BERHAD

Instrument Category Securities of PLC
Instrument Type Warrants
Description
BONUS ISSUE OF 845,902,607 WARRANTS IN KEJURUTERAAN ASASTERA BERHAD ("KAB" OR THE "COMPANY") ("WARRANTS") ON THE BASIS OF 1 WARRANT FOR EVERY 2 EXISTING ORDINARY SHARES IN KAB ("KAB SHARES" OR "SHARES") HELD BY THE ENTITLED SHAREHOLDERS OF THE COMPANY AT 5.00 P.M. ON 27 APRIL 2021
Listing Date 05 May 2021
Issue Date 30 Apr 2021
Issue/ Ask Price Not Applicable
Issue Size Indicator Unit
Issue Size in Unit 845,902,607
Maturity Mandatory
Maturity Date 29 Apr 2024
Revised Maturity Date
Name of Guarantor
Name of Trustee
Coupon/Profit/Interest/Payment Rate
Coupon/Profit/Interest/Payment Frequency
Redemption
Exercise/Conversion Period 3.00   Year(s)
Revised Exercise/Conversion Period  
Exercise/Strike/Conversion Price Malaysian Ringgit (MYR)   1.2000
Revised Exercise/Strike/Conversion Price  
Exercise/Conversion Ratio 1:1
Revised Exercise/Conversion Ratio
Mode of satisfaction of Exercise/ Conversion price Cash
Settlement Type/ Convertible into Physical (Shares)



Remarks :
Each Warrant carries the entitlement to subscribe for 1 new Share at the exercise price of RM1.20 at any time during the exercise period (as indicated above) ("Exercise Period"), subject to any adjustments that may be made from time to time in accordance with the provisions of the deed poll constituting the Warrants dated 14 April 2021. Any Warrant not exercised during the Exercise Period will thereafter lapse and cease to be valid for any purpose and shall be cancelled and treated to have been cancelled forthwith.

If the maturity date of the Warrants falls on a non-market day, then it will fall on the preceding market day.

This announcement is dated 4 May 2021.


Announcement Info

Company Name KEJURUTERAAN ASASTERA BERHAD
Stock Name KAB-WA
Date Announced 04 May 2021
Category Listing Information and Profile
Reference Number LIP-04052021-00002