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Listing Information & Profile

Profile for Securities of PLC


Instrument Category Securities of PLC
Instrument Type Warrants
Issuance of 214,333,821 warrants in Kelington Group Berhad ("Kelington") ("Warrant(s) B") to the existing shareholders of Kelington on the basis of 1 Warrant B for every 3 existing ordinary shares held in Kelington held as at 5.00 p.m. on Thursday, 22 July 2021
Listing Date 03 Aug 2021
Issue Date 27 Jul 2021
Issue/ Ask Price Not Applicable
Issue Size Indicator Unit
Issue Size in Unit 214,333,821
Maturity Mandatory
Maturity Date 24 Jul 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)   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 :
Each Warrant B carries the entitlement to subscribe for 1 new Kelington Share at the exercise price of RM1.38 and at any time during the exercise period of 5 years as indicated above ("Exercise Period") commencing from and including the issue date and ending at 5.00 p.m. on the expiry date (provided that if such a day is not a market day, then it shall be the market day immediately preceding the said non-market day). The Warrants B are subject to the adjustments in accordance with the provisions of the deed poll dated 6 July 2021 constituting the Warrants B. Any Warrants B not exercised during the Exercise Period will thereafter lapse and cease to be valid for any purpose.

This announcement is dated 2 August 2021.

Announcement Info

Stock Name KGB-WB
Date Announced 02 Aug 2021
Category Listing Information and Profile
Reference Number LIP-02082021-00011