TAWIN-WA

0.065

-0.005 (-7.1%)

Additional Listing Announcement /Subdivision of Shares

TA WIN HOLDINGS 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 NUMBER OF OUTSTANDING WARRANTS 2019/2022 IN TA WIN HOLDINGS BERHAD ("TA WIN") ("WARRANTS") AS CONSTITUTED BY THE DEED POLL DATED 17 APRIL 2019 AND THE EXERCISE PRICE OF THE WARRANTS PURSUANT TO THE RENOUNCEABLE RIGHTS ISSUE OF UP TO 3,106,101,171 NEW ORDINARY SHARES IN TA WIN ("TA WIN SHARES") ("RIGHTS SHARES") AT AN ISSUE PRICE OF RM0.06 PER RIGHTS SHARE ON THE BASIS OF 3 RIGHTS SHARES FOR EVERY 1 EXISTING TA WIN SHARE HELD BY THE ENTITLED SHAREHOLDERS AT 5.00 P.M. ON 6 MAY 2021 ("RIGHTS ISSUE") ("ADJUSTMENTS")
No. of shares issued under this corporate proposal 144,969,824
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 304,172,581
Issued Share Capital ($$) Malaysian Ringgit (MYR) 0.000
Listing Date 09 Jun 2021


Remarks :
Pursuant to the Rights Issue, the exercise price of the Warrants has been revised from RM0.20 to RM0.10 and an additional 144,969,824 Warrants have been allotted and issued to the entitled Warrant holders whose names appear on the Record of Depositors of Ta Win at 5.00 p.m. on 6 May 2021. The additional Warrants will be listed and quoted on the Main Market of Bursa Malaysia Securities Berhad on 9 June 2021 simultaneously with the Rights Shares.


Announcement Info

Company Name TA WIN HOLDINGS BERHAD
Stock Name TAWIN-WA
Date Announced 08 Jun 2021
Category Additional Listing Announcement /Subdivision of Shares
Reference Number ALA-08062021-00005