AGES-PA

0.015

(%)

Listing Information & Profile

Profile for Securities of PLC

Amended Announcements
Please refer to the earlier announcement reference number: LIP-18032020-00017

AGESON BERHAD

Instrument Category Securities of PLC
Instrument Type Preference Shares
Description
AGESON BERHAD ("AGESON" OR THE "COMPANY")

ADJUSTMENTS TO THE CONVERSION PRICE OF IRREDEEMABLE CONVERTIBLE PREFERENCE SHARES IN AGESON ("ICPS"), CASH PAYMENT FOR CONVERSION OF ICPS AND NUMBER OF OUTSTANDING ICPS PURSUANT TO THE CONSOLIDATION OF EVERY 15 EXISTING ORDINARY SHARES IN AGESON ("SHARE") HELD AS AT 5.00 P.M. ON 12 APRIL 2022 ("ENTITLEMENT DATE") INTO 1 AGESON SHARE ("SHARE CONSOLIDATION")

1st Further Issue Information

Listing Date 13 Apr 2022
Issue Date 12 Apr 2022
Issue/ Ask Price Malaysian Ringgit (MYR)   0.1500
Issue Size Indicator Unit
Amount Issued under Further Issue in Unit 0
Enlarge Issue Size in Unit 254,281,099

Initial Listing Information

Listing Date 19 Mar 2020
Issue Date 11 Mar 2020
Issue/ Ask Price Malaysian Ringgit (MYR)   0.0100
Issue Size Indicator Unit
Issue Size in Unit 4,610,754,392
Maturity Mandatory
Maturity Date 10 Mar 2030
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 10.00   Year(s)
Revised Exercise/Conversion Period Not Applicable
Exercise/Strike/Conversion Price Malaysian Ringgit (MYR)   0.1300
Revised Exercise/Strike/Conversion Price Not Applicable
Exercise/Conversion Ratio 13:1
Revised Exercise/Conversion Ratio Not Applicable
Mode of satisfaction of Exercise/ Conversion price Tendering of securities
Settlement Type/ Convertible into Physical (Shares)



Remarks :
Pursuant to the adjustments to the conversion price of ICPS, cash payment for conversion of ICPS and number of outstanding ICPS arising from the Share Consolidation ("Adjustments"),

(i)	the existing number of 3,814,226,509 ICPS as at the Entitlement Date will be adjusted into 254,281,099 ICPS (after disregarding the fractional entitlements arising from the Adjustments), which will be listed and quoted on the Main Market of Bursa Malaysia Securities Berhad on 13 April 2022, being the next market day following the Entitlement Date;

(ii)	the conversion price of ICPS of RM0.13 each will be revised to RM1.95 each; and

(iii)	the cash payment for conversion of ICPS (based on the conversion mode of surrendering 1 ICPS with additional cash payment for 1 new Share) of RM0.12 each will be revised to RM1.80 each. 

Further, in accordance with the provisions of the Company's Constitution, the Adjustments will take effect from 13 April 2022, being the next market day following the Entitlement Date.

The notice setting out the details of the Adjustments to the holders of ICPS will be issued and despatched to entitled ICPS holders in due course.

This announcement is dated 12 April 2022.


Announcement Info

Company Name AGESON BERHAD
Stock Name AGES-PA
Date Announced 12 Apr 2022
Category Listing Information and Profile
Reference Number LIP-12042022-00001