KANGER-WB

0.020

(%)

Listing Information & Profile

Profile for Securities of PLC

Amended Announcements
Please refer to the earlier announcement reference number: LIP-29092021-00002

KANGER INTERNATIONAL BERHAD

Instrument Category Securities of PLC
Instrument Type Warrants
Description 
ADJUSTMENTS TO THE EXERCISE PRICE AND NUMBER OF OUTSTANDING WARRANTS 2021/2026 ISSUED BY KANGER INTERNATIONAL BERHAD ("KANGER") IN ACCORDANCE WITH THE PROVISIONS OF THE DEED POLL DATED 16 AUGUST 2021 PURSUANT TO THE CONSOLIDATION OF EVERY 10 ORDINARY SHARES IN KANGER INTO 1 KANGER CONSOLIDATED SHARE ("CONSOLIDATED SHARE")

1st Further Issue Information

Listing Date 10 Feb 2022
Issue Date 09 Feb 2022
Issue/ Ask Price Not Applicable
Issue Size Indicator Unit
Amount Issued under Further Issue in Unit 0
Enlarge Issue Size in Unit 169,951,156

Initial Listing Information

Listing Date 30 Sep 2021
Issue Date 23 Sep 2021
Issue/ Ask Price Not Applicable
Issue Size Indicator Unit
Issue Size in Unit 1,700,011,579
Maturity Mandatory
Maturity Date 22 Sep 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)   0.0500
Revised Exercise/Strike/Conversion Price Malaysian Ringgit (MYR)   0.5000
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 : 
Pursuant to the Share Consolidation, the exercise price of the outstanding Warrants B will be revised from RM0.05 to RM0.50 each while 169,951,156 Consolidated Warrants B will be listed and quoted on the ACE Market of Bursa Malaysia Securities Berhad on 10 February 2022 (collectively referred to as the "Adjustments").

Further, in accordance with the provisions of the Deed Poll B, the Adjustments takes effect from 5.00 p.m., 9 February 2022, being the entitlement date for the Share Consolidation.

The notice to the holders of the Warrants B (setting out the details of the Adjustments) will be despatched in due course.

This announcement is dated 9 February 2022.

Announcement Info

Company Name KANGER INTERNATIONAL BERHAD
Stock Name KANGER-WB
Date Announced 09 Feb 2022
Category Listing Information and Profile
Reference Number LIP-09022022-00001


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