DIGISTA-WB

0.005

(%)

Listing Information & Profile

Profile for Securities of PLC

Amended Announcements
Please refer to the earlier announcement reference number: OI-130410-45678

DIGISTAR CORPORATION BERHAD

Instrument Category Securities of PLC
Instrument Type Warrants
Description
ADJUSTMENTS TO THE EXERCISE PRICE AND THE NUMBER OF THE OUTSTANDING WARRANTS 2013/2023 IN DIGISTAR CORPORATION BERHAD ("DIGISTAR" OR THE "COMPANY") ("WARRANT(S) B") IN ACCORDANCE WITH THE PROVISIONS OF THE DEED POLL DATED 4 MARCH 2013 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 ("ENTITLEMENT DATE") AT AN ISSUE PRICE OF RM0.05 PER RIGHTS SHARE ("ADJUSTMENTS") ("RIGHTS ISSUE WITH FREE WARRANTS")

1st Further Issue Information

Listing Date 01 Jun 2021
Issue Date 28 May 2021
Issue/ Ask Price Not Applicable
Issue Size Indicator Unit
Amount Issued under Further Issue in Unit 7,653,807
Enlarge Issue Size in Unit 81,678,141

Initial Listing Information

Listing Date 11 Apr 2013
Issue Date 05 Apr 2013
Issue/ Ask Price Not Applicable
Issue Size Indicator Unit
Issue Size in Unit 74,024,334
Maturity Mandatory
Maturity Date 04 Apr 2023
Revised Maturity Date
Name of Guarantor Not Applicable
Name of Trustee Not Applicable
Coupon/Profit/Interest/Payment Rate Not Applicable
Coupon/Profit/Interest/Payment Frequency Not Applicable
Redemption Not Applicable
Exercise/Conversion Period 10.00   Year(s)
Revised Exercise/Conversion Period Not Applicable
Exercise/Strike/Conversion Price Malaysian Ringgit (MYR)   0.2600
Revised Exercise/Strike/Conversion Price Malaysian Ringgit (MYR)   0.2500
Exercise/Conversion Ratio 1:1
Revised Exercise/Conversion Ratio Not Applicable
Mode of satisfaction of Exercise/ Conversion price Cash
Settlement Type/ Convertible into Physical (Shares)



Remarks :
Pursuant to the Rights Issue with Free Warrants, the exercise price of the Warrants B has been revised from RM0.26 to RM0.25 while an additional 7,653,807 Warrants B will be listed and quoted on 1 June 2021. 

The additional new Warrants B arising from the Adjustments were issued based on the entitlement ratio of 10.34:100.00 (additional new Warrants B:existing number of outstanding Warrants B as at the Entitlement Date).

The adjustment to the exercise price of the Warrants B took effect from 9.00 a.m. on 4 May 2021, being the next market day following the Entitlement Date for the Rights Issue with Free Warrants on 3 May 2021, in accordance with the Deed Poll B.

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.


This announcement is dated 31 May 2021.


Announcement Info

Company Name DIGISTAR CORPORATION BERHAD
Stock Name DIGISTA-WB
Date Announced 31 May 2021
Category Listing Information and Profile
Reference Number LIP-31052021-00002