CSCENIC-WA

0.265

+0.01 (+3.9%)

Listing Information & Profile

Profile for Securities of PLC

CLASSIC SCENIC BERHAD

Instrument Category Securities of PLC
Instrument Type Warrants
Description
BONUS ISSUE OF 120,499,740 WARRANTS OF CLASSIC SCENIC BERHAD ("CSCENIC") ("WARRANTS") ON
THE BASIS OF 1 WARRANT FOR EVERY 1 EXISTING ORDINARY SHARE OF CSCENIC HELD AS AT 5.00 P.M. ON 2 AUGUST 2021 ("ENTITLEMENT DATE") ("BONUS ISSUE OF WARRANTS")
Listing Date 12 Aug 2021
Issue Date 09 Aug 2021
Issue/ Ask Price Not Applicable
Issue Size Indicator Unit
Issue Size in Unit 120,499,740
Maturity Mandatory
Maturity Date 08 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)   0.6100
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 CSCENIC Share at any time during the exercise period as indicated above ("Exercise Period") at the exercise price of RM0.61, subject to the adjustments in accordance with the provisions of the deed poll constituting the Warrants dated 19 July 2021. Any Warrants which are not exercised during the Exercise Period will thereafter lapse and cease to be valid and shall be cancelled and treated to have been cancelled forthwith.

This announcement is dated 11 August 2021.


Announcement Info

Company Name CLASSIC SCENIC BERHAD
Stock Name CSCENIC-WA
Date Announced 11 Aug 2021
Category Listing Information and Profile
Reference Number LIP-11082021-00002