PMBTECH-LA

20.740

(%)

PMBTECH-LA - Notice of Book Closure

PMB TECHNOLOGY BERHAD

Adjustment to the conversion price of irredeemable convertible unsecured loan stocks 2018/2023 ("ICULS 2018/2023") as specified in the trust deed dated 30 May 2018 ("Trust Deed") ("Adjustment"), as a consequence of the bonus issue of up to 1,296,774,800 new ordinary shares in PMB Technology Berhad ("PMBT" or the "Company") ("PMBT Shares") ("Bonus Shares") on the basis of 4 Bonus Shares for every 1 existing PMBT Share held as at 5.00 p.m. on 28 April 2022 ("Entitlement Date") ("Bonus Issue")

 

Further to Reference No. ILC 11042022-00003, kindly be advised of the following :-

 

1)  The above Company's securities will be traded and quoted "Ex - Adjustment” as from: 27 Apr 2022  (Remain Unchanged)
2)  The last date of lodgment : 28 Apr 2022  (Remain Unchanged)

 

Remarks:-  The revised conversion price of ICULS 2018/2023 shall be adjusted from RM2.74 to RM0.54 (rounded down), instead of to RM0.55 (rounded up). This is considering that any fractional entitlements resulting from the conversion of the ICULS 2018/2023 will be disregarded by the Company in accordance to the terms and provisions of the Trust Deed, and the revised conversion price of RM0.54 will minimise the incidence of odd lots.

 


Announcement Info

Company Name PMB TECHNOLOGY BERHAD
Stock Name PMBTECH-LA
Date Announced 28 Apr 2022
Category Listing Circular
Reference Number ILC-28042022-00014