Additional Listing Announcement /Subdivision of Shares
| DIGISTAR CORPORATION BERHAD |
1. Details of Corporate Proposal |
|
| Involve issuance of new type/class of securities ? | No |
| Types of corporate proposal | Rights Issue |
| Details of corporate proposal | ADJUSTMENTS TO THE EXERCISE PRICE AND NUMBER OF OUTSTANDING WARRANTS 2013/2023 IN DIGISTAR CORPORATION BERHAD ("DIGISTAR" OR "COMPANY") ("WARRANT(S) B") IN ACCORDANCE WITH THE PROVISIONS OF THE DEED POLL DATED 4 MARCH 2013 ("DEED POLL B") PURSUANT TO THE RENOUNCEABLE RIGHTS ISSUE OF UP TO 287,518,911 NEW ORDINARY SHARES IN DIGISTAR ("DIGISTAR SHARE(S)" OR "SHARES") ("RIGHTS SHARE(S)") ON THE BASIS OF 1 RIGHTS SHARE FOR EVERY 3 EXISTING DIGISTAR SHARES HELD TOGETHER WITH UP TO 287,518,911 FREE DETACHABLE WARRANTS ("WARRANT(S) C") ON THE BASIS OF 1 WARRANT C FOR EVERY 1 RIGHTS SHARE SUBSCRIBED BY THE ENTITLED SHAREHOLDERS, AS AT 5.00 P.M. ON MONDAY, 3 MAY 2021 AT AN ISSUE PRICE OF RM0.05 PER RIGHTS SHARE ("RIGHTS ISSUE WITH FREE WARRANTS") ("ADJUSTMENTS") |
| No. of shares issued under this corporate proposal | 7,653,807 |
| Issue price per share ($$) | Malaysian Ringgit (MYR) 0.0000 |
| Par Value($$) (if applicable) | |
Latest issued share capital after the above corporate proposal in the following |
|
| Units | 81,678,141 |
| Issued Share Capital ($$) | Malaysian Ringgit (MYR) 0.000 |
| Listing Date | 01 Jun 2021 |
| Remarks : |
The 7,653,807 additional new Warrants B arising from the Adjustments will be listed and quoted simultaneously with the Rights Shares and Warrants C on the Main Market of Bursa Securities on 1 June 2021. The notice setting out the details of the Adjustments to the holders of Warrants B was despatched to entitled Warrants B holders on 31 May 2021. |
Announcement Info
| Company Name | DIGISTAR CORPORATION BERHAD |
| Stock Name | DIGISTA |
| Date Announced | 31 May 2021 |
| Category | Additional Listing Announcement /Subdivision of Shares |
| Reference Number | ALA-30052021-00001 |