PTRANS-WB

0.040

(%)

Listing Information & Profile

Profile for Securities of PLC

PERAK TRANSIT BERHAD

Instrument Category Securities of PLC
Instrument Type Warrants
Description 
Issuance of 158,682,251 free warrants ("Warrant(s)") in Perak Transit Berhad ("PTRANS" or the "Company") on the basis of 1 Warrant for every 4 existing ordinary shares in PTRANS held as at 5:00 p.m. on 29 July 2021 ("Bonus Issue of Free Warrants")
Listing Date 11 Aug 2021
Issue Date 03 Aug 2021
Issue/ Ask Price Not Applicable
Issue Size Indicator Unit
Issue Size in Unit 158,682,251
Maturity Mandatory
Maturity Date 02 Aug 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)   0.7500
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 carries the entitlement to subscribe for 1 new ordinary share in PTRANS at the exercise price (as indicated above) and at any time during the exercise period (as indicated above) ("Exercise Period") subject to the adjustments in accordance with the provisions of the deed poll dated 14 July 2021, constituting the Warrants. Any Warrants not exercised during the Exercise Period will thereafter lapse and cease to be valid for any purpose. 

This announcement is dated 9 August 2021.

Announcement Info

Company Name PERAK TRANSIT BERHAD
Stock Name PTRANS-WB
Date Announced 09 Aug 2021
Category Listing Information and Profile
Reference Number LIP-09082021-00001


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