ASDION

0.085

+0.01 (+13.3%)

Additional Listing Announcement /Subdivision of Shares

Amended Announcements
Please refer to the earlier announcement reference number: ALA-13092021-00014

ASDION BERHAD

1. Details of Corporate Proposal

Involve issuance of new type/class of securities ? No
Types of corporate proposal Conversion of Preference Shares
Details of corporate proposal Conversion of Irredeemable Convertible Preference Shares ("ICPS") to Ordinary Shares
No. of shares issued under this corporate proposal 9,580,000
Issue price per share ($$) Malaysian Ringgit (MYR)   0.1300
Par Value($$) (if applicable)  
Latest issued share capital after the above corporate proposal in the following
Units 137,476,800
Issued Share Capital ($$) Malaysian Ringgit (MYR) 8,014,817.840
Listing Date 20 Sep 2021


Remarks :
Arising from the migration to no par value regime under the Companies Act 2016, par value is no longer relevant. 

Pursuant to Section 74 of the Companies Act 2016, the issued share capital of RM8,014,817.84 of the Company is represented by 137,476,800 ordinary shares and 50,298,736 ICPS.

The Amended:
The issue price per share should be RM0.13 instead of RM0.065.


Announcement Info

Company Name ASDION BERHAD
Stock Name ASDION
Date Announced 20 Sep 2021
Category Additional Listing Announcement /Subdivision of Shares
Reference Number ALA-17092021-00007