BPPLAS-WA

0.005

(%)

Listing Information & Profile

Profile for Securities of PLC

BP PLASTICS HOLDING BHD

Instrument Category Securities of PLC
Instrument Type Warrants
Description
Issuance of 37,530,591 warrants ("Warrant(s)") in BP Plastics Holding Bhd ("BPPLAS" or the "Company") on the basis of 1 Warrant for every 5 existing Shares held on the entitlement date of 10 December 2021 ("Bonus Issue of Warrants")
Listing Date 23 Dec 2021
Issue Date 15 Dec 2021
Issue/ Ask Price Not Applicable
Issue Size Indicator Unit
Issue Size in Unit 37,530,591
Maturity Mandatory
Maturity Date 14 Dec 2026
Revised Maturity Date
Name of Guarantor
Name of Trustee
Coupon/Profit/Interest/Payment Rate
Coupon/Profit/Interest/Payment Frequency
Redemption
Exercise/Conversion Period 5.00   Year(s)
Revised Exercise/Conversion Period  
Exercise/Strike/Conversion Price Malaysian Ringgit (MYR)   2.4500
Revised Exercise/Strike/Conversion Price Not Applicable
Exercise/Conversion Ratio 1:1
Revised Exercise/Conversion Ratio
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 BPPLAS at the exercise price (as indicated above) 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 25 November 2021, constituting the Warrants. Any Warrants not exercise during the Exercise Period will thereafter lapse and cease to be valid for any purpose.

This announcement is dated 21 December 2021.


Announcement Info

Company Name BP PLASTICS HOLDING BHD
Stock Name BPPLAS-WA
Date Announced 21 Dec 2021
Category Listing Information and Profile
Reference Number LIP-21122021-00001