VS-WB

0.495

+0.015 (+3.1%)

Listing Information & Profile

Profile for Securities of PLC

V.S. INDUSTRY BERHAD

Instrument Category Securities of PLC
Instrument Type Warrants
Description
V.S. INDUSTRY BERHAD ("VSI" OR "COMPANY")

BONUS ISSUE OF 761,848,258 FREE WARRANTS IN VSI ("WARRANT(S)") ON THE BASIS OF 1 WARRANT FOR EVERY 5 EXISTING ORDINARY SHARES IN VSI ("VSI SHARE(S)") HELD BY THE SHAREHOLDERS OF VSI WHOSE NAMES APPEAR ON VSI'S RECORD OF DEPOSITORS AS AT 5.00 P.M. ON 10 JUNE 2021 ("BONUS ISSUE OF WARRANTS")
Listing Date 22 Jun 2021
Issue Date 15 Jun 2021
Issue/ Ask Price Not Applicable
Issue Size Indicator Unit
Issue Size in Unit 761,848,258
Maturity Mandatory
Maturity Date 14 Jun 2024
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 3.00   Year(s)
Revised Exercise/Conversion Period Not Applicable
Exercise/Strike/Conversion Price Malaysian Ringgit (MYR)   1.3800
Revised Exercise/Strike/Conversion Price Not Applicable
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 :
The Warrants can be exercised at any time on or after the date of issue of the Warrants up to Expiry Date (both dates inclusive).

Each Warrant entitles the registered holder during the Exercise Period to subscribe for one (1) new VSI Share in the share capital of VSI at the Exercise Price, subject to adjustments in accordance with the provisions in the Deed Poll dated 21 May 2021.


Announcement Info

Company Name V.S. INDUSTRY BERHAD
Stock Name VS-WB
Date Announced 21 Jun 2021
Category Listing Information and Profile
Reference Number LIP-20062021-00001