APPASIA-WA

0.110

(%)

Listing Information & Profile

Profile for Securities of PLC

Amended Announcements
Please refer to the earlier announcement reference number: OS-141231-57096

APPASIA BERHAD

Instrument Category Securities of PLC
Instrument Type Warrants
Description
ADJUSTMENTS TO THE EXERCISE PRICE AND NUMBER OF OUTSTANDING WARRANTS 2014/2024 IN APPASIA BERHAD ("APPASIA" OR THE "COMPANY") CONSTITUTED BY THE DEED POLL DATED 19 NOVEMBER 2014 ("DEED POLL A") ("WARRANT(S) A") PURSUANT TO THE SHARE SPLIT INVOLVING THE SUBDIVISION OF EVERY 1 EXISTING ORDINARY SHARE IN APPASIA ("APPASIA SHARE(S)" OR "SHARE(S)") HELD AT 5.00 P.M. ON 2 JULY 2021 ("SHARE SPLIT ENTITLEMENT DATE") INTO 3 APPASIA SHARES ("SHARE SPLIT")

1st Further Issue Information

Listing Date 05 Jul 2021
Issue Date 02 Jul 2021
Issue/ Ask Price Not Applicable
Issue Size Indicator Unit
Amount Issued under Further Issue in Unit 224,620,000
Enlarge Issue Size in Unit 336,930,000

Initial Listing Information

Listing Date 02 Jan 2015
Issue Date 24 Dec 2014
Issue/ Ask Price Not Applicable
Issue Size Indicator Unit
Issue Size in Unit 138,956,400
Maturity Mandatory
Maturity Date 23 Dec 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 10.00   Year(s)
Revised Exercise/Conversion Period Not Applicable
Exercise/Strike/Conversion Price Malaysian Ringgit (MYR)   0.1300
Revised Exercise/Strike/Conversion Price Malaysian Ringgit (MYR)   0.0400
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 to the exercise price and number of outstanding Warrants A arising from the Share Split ("Adjustments"):-

(i) the existing number of 112,310,000 Warrants A as at the Share Split Entitlement Date will be adjusted into 336,930,000 Warrants A, which will be listed and quoted on the ACE Market of Bursa Malaysia Securities Berhad on 5 July 2021, being the market day immediately following the Share Split Entitlement Date; and 

(ii) the exercise price of Warrants A will be revised from RM0.13 each to RM0.04 each. 

In accordance with the provisions of the Deed Poll A, the Adjustments shall take effect from 5 July 2021, being the market day immediately following the Share Split Entitlement Date. 

The notice to the holders of Warrants A (setting out the details of the Adjustments) will be despatched in due course.

This announcement is dated 2 July 2021.


Announcement Info

Company Name APPASIA BERHAD
Stock Name APPASIA-WA
Date Announced 02 Jul 2021
Category Listing Information and Profile
Reference Number LIP-01072021-00001