TAFI-WA

0.080

-0.005 (-5.9%)

Listing Information & Profile

Profile for Securities of PLC

TAFI INDUSTRIES BERHAD

Instrument Category Securities of PLC
Instrument Type Warrants
Description
ISSUANCE OF 61,967,597 WARRANTS ON THE BASIS OF ONE (1) WARRANT FOR EVERY TWO (2) EXISTING TAFI SHARES HELD ON THE ENTITLEMENT DATE OF 10 FEBRUARY 2022
Listing Date 21 Feb 2022
Issue Date 16 Feb 2022
Issue/ Ask Price Not Applicable
Issue Size Indicator Unit
Issue Size in Unit 61,967,597
Maturity Mandatory
Maturity Date 15 Feb 2027
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)   0.7000
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 TAFI 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 24 January 2022, 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 18 February 2022.


Announcement Info

Company Name TAFI INDUSTRIES BERHAD
Stock Name TAFI-WA
Date Announced 18 Feb 2022
Category Listing Information and Profile
Reference Number LIP-18022022-00001