PA-WB

0.125

(%)

Listing Information & Profile

Profile for Securities of PLC

P.A. RESOURCES BERHAD

Instrument Category Securities of PLC
Instrument Type Warrants
Description
Free Warrants B 2017/ 2022 in P.A. Resources Berhad ("PARB") ("Warrant(s) B") issued pursuant to the renounceable rights issue of up to 757,225,327 new ordinary shares in PARB ("PARB Share(s)") ("Rights Share(s)") on the basis of four (4) Rights Shares for every five (5) existing PARB Shares held, together with up to 757,225,327 free detachable Warrants B on the basis of one (1) free Warrant B for every one (1) Rights Share subscribed for, as at 5.00 p.m. on Wednesday, 22 November 2017 at an issue price of RM0.05 per Rights Share ("Rights Issue with Warrants")
Listing Date 22 Dec 2017
Issue Date 18 Dec 2017
Issue/ Ask Price Not Applicable
Issue Size Indicator Unit
Issue Size in Unit 757,225,327
Maturity Mandatory
Maturity Date 17 Dec 2022
Revised Maturity Date
Name of Guarantor
Name of Trustee
Coupon/Profit/Interest/Payment Rate
Coupon/Profit/Interest/Payment Frequency
Redemption
Exercise/Conversion Period 5.00 � Year(s)
Revised Exercise/Conversion Period
Exercise/Strike/Conversion Price Malaysian Ringgit (MYR) � 0.0600
Revised Exercise/Strike/Conversion Price
Exercise/Conversion Ratio 1 : 1
Revised Exercise/Conversion Ratio
Mode of satisfaction of Exercise/ Conversion price Cash
Settlement Type/ Convertible into Physical (Shares)



Remarks :
Each Warrant B carries the entitlement to subscribe for one (1) new PARB Share at the exercise price of RM0.06 and at any time during the exercise period of five (5) years as indicated above ("Exercise Period") commencing from and including the issue date and ending at 5.00 p.m. on the expiry date (provided that if such a day is not a market day, then it shall be the market day immediately preceding the said non-market day). The Warrants B are subject to the adjustments in accordance with the provisions of the deed poll dated 8 November 2017, constituting the Warrants B. Any Warrants B not exercised during the Exercise Period will thereafter lapse and cease to be valid for any purpose.

This announcement is dated 21 December 2017.


Announcement Info

Company Name P.A. RESOURCES BERHAD
Stock Name PA-WB
Date Announced 21 Dec 2017
Category Listing Information and Profile
Reference Number LIP-21122017-00001