Expiry/Maturity of the securities
| ELK-DESA RESOURCES BERHAD |
| Instrument Category | Securities of PLC |
| Instrument Type | Loan Stocks |
| Type Of Expiry | Expiry/Maturity of the securities |
| Mode of Satisfaction of Exercise/Conversion price | Tendering of securities |
| Exercise/ Strike/ Conversion Price | Malaysian Ringgit (MYR) 1.1800 |
| Exercise/ Conversion Ratio | Remarks |
| Settlement Type / Convertible into | Physical (Shares) |
| Last Date & Time of Trading | 29 Mar 2022 05:00 PM |
| Date & Time of Suspension | 30 Mar 2022 09:00 AM |
| Last Date & Time for Transfer into Depositor's CDS a/c | 07 Apr 2022 04:30 PM |
| Date & Time of Expiry | 14 Apr 2022 05:00 PM |
| Date & Time for Delisting | 15 Apr 2022 09:00 AM |
| Remarks : |
Based on the conversion price of RM1.18 ("Conversion Price"), the ICULS will be converted into new ordinary shares in ELK-Desa Berhad shares by surrendering the ICULS with an aggregate nominal value equivalent to the ICULS Conversion Price.
This announcement is dated 11 March 2022. |
Please refer attachment below.
Announcement Info
| Company Name | ELK-DESA RESOURCES BERHAD |
| Stock Name | ELKDESA-LA |
| Date Announced | 11 Mar 2022 |
| Category | Expiry/Maturity/Termination of Securities |
| Reference Number | EOS-09032022-00004 |