SERNKOU-WA

0.505

(%)

Listing Information & Profile

Profile for Securities of PLC

Amended Announcements
Please refer to the earlier announcement reference number: LIP-27032018-00001

SERN KOU RESOURCES BERHAD

Instrument Category Securities of PLC
Instrument Type Warrants
Description
SERN KOU RESOURCES BERHAD ("SKRB" OR "COMPANY") 

ADJUSTMENTS TO THE EXERCISE PRICE AND NUMBER OF THE OUTSTANDING WARRANTS 2018/2023 IN SKRB CONSTITUTED BY THE DEED POLL DATED 5 MARCH 2018 ("DEED POLL") PURSUANT TO THE BONUS ISSUE OF 526,113,998 NEW ORDINARY SHARES IN SKRB ("SKRB SHARES") ("BONUS SHARES") ON THE BASIS OF 2 BONUS SHARES FOR EVERY 1 EXISTING SKRB SHARE HELD AS AT 5.00 P.M. ON 8 JUNE 2021 ("ENTITLEMENT DATE") ("BONUS ISSUE") ("ADJUSTMENTS")

1st Further Issue Information

Listing Date 09 Jun 2021
Issue Date 08 Jun 2021
Issue/ Ask Price Not Applicable
Issue Size Indicator Unit
Amount Issued under Further Issue in Unit 193,886,002
Enlarge Issue Size in Unit 313,886,002

Initial Listing Information

Listing Date 28 Mar 2018
Issue Date 21 Mar 2018
Issue/ Ask Price Not Applicable
Issue Size Indicator Unit
Issue Size in Unit 120,000,000
Maturity Mandatory
Maturity Date 20 Mar 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 5.00   Year(s)
Revised Exercise/Conversion Period Not Applicable
Exercise/Strike/Conversion Price Malaysian Ringgit (MYR)   0.4000
Revised Exercise/Strike/Conversion Price Malaysian Ringgit (MYR)   0.1300
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 Adjustments, 193,886,002 additional Warrants 2018/2023 will be listed and quoted on Main Market of Bursa Securities with effect from 9.00 a.m. on 9 June 2021 and the exercise price of the Warrants 2013/2018 will be adjusted from RM0.40 to RM0.13 each.
	
The notice to the Warrants 2018/2023 holders (setting out the details of the Adjustments) will be despatched in due course.

This announcement is dated 8 June 2021.


Announcement Info

Company Name SERN KOU RESOURCES BERHAD
Stock Name SERNKOU-WA
Date Announced 08 Jun 2021
Category Listing Information and Profile
Reference Number LIP-08062021-00002