COMFORT-WB

0.380

-0.01 (-2.6%)

Listing Information & Profile

Profile for Securities of PLC

COMFORT GLOVES BERHAD

Instrument Category Securities of PLC
Instrument Type Warrants
Description
COMFORT GLOVES BERHAD ("CGB" OR "COMPANY")

BONUS ISSUE OF 174,132,762 FREE WARRANTS IN CGB ("WARRANT(S)") ON THE BASIS OF 3 WARRANTS FOR EVERY 10 EXISTING ORDINARY SHARES IN CGB ("CGB SHARE(S)") HELD BY THE SHAREHOLDERS OF CGB WHOSE NAMES APPEAR ON CGB'S RECORD OF DEPOSITORS AS AT 5.00 P.M. ON 24 JUNE 2021 ("BONUS ISSUE OF WARRANTS")
Listing Date 06 Jul 2021
Issue Date 29 Jun 2021
Issue/ Ask Price Not Applicable
Issue Size Indicator Unit
Issue Size in Unit 174,132,762
Maturity Mandatory
Maturity Date 26 Jun 2026
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)   2.3000
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 CGB Share in the share capital of CGB at the Exercise Price, subject to adjustments in accordance with the provisions in the Deed Poll dated 10 June 2021.


Announcement Info

Company Name COMFORT GLOVES BERHAD
Stock Name COMFORT-WB
Date Announced 05 Jul 2021
Category Listing Information and Profile
Reference Number LIP-02072021-00022