DIGISTA-WC

0.015

(%)

Listing Information & Profile

Profile for Securities of PLC

Amended Announcements
Please refer to the earlier announcement reference number: LIP-31052021-00001

DIGISTAR CORPORATION BERHAD

Instrument Category Securities of PLC
Instrument Type Warrants
Description
ADJUSTMENTS TO THE EXERCISE PRICE AND THE NUMBER OF THE OUTSTANDING WARRANTS 2021/2026 IN DIGISTAR CORPORATION BERHAD ("DIGISTAR" OR THE "COMPANY") ("WARRANT(S) C") IN ACCORDANCE WITH THE PROVISIONS OF THE DEED POLL DATED 16 APRIL 2021 ("DEED POLL C") PURSUANT TO THE CONSOLIDATION OF EVERY 3 EXISTING ORDINARY SHARES IN DIGISTAR ("DIGISTAR SHARE(S)" OR "SHARE(S)") INTO 1 DIGISTAR SHARE ("ADJUSTMENTS") ("SHARE CONSOLIDATION")

1st Further Issue Information

Listing Date 31 May 2022
Issue Date 30 May 2022
Issue/ Ask Price Not Applicable
Issue Size Indicator Unit
Amount Issued under Further Issue in Unit 0
Enlarge Issue Size in Unit 86,794,477

Initial Listing Information

Listing Date 01 Jun 2021
Issue Date 28 May 2021
Issue/ Ask Price Not Applicable
Issue Size Indicator Unit
Issue Size in Unit 260,384,403
Maturity Mandatory
Maturity Date 27 May 2026
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)   0.1000
Revised Exercise/Strike/Conversion Price Malaysian Ringgit (MYR)   0.3000
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 :
Pursuant to the Share Consolidation, (i) the existing number of 260,384,403 Warrants C as at the Entitlement Date will be adjusted to 86,794,477 Consolidated Warrants C (after disregarding the fractional entitlements arising from the Share Consolidation), which will be listed and quoted on the Main Market of Bursa Securities on 31 May 2022; and (ii) the exercise price of the Warrants C will be revised from RM0.10 to RM0.30 each. 

Further, in accordance with the provisions of the Deed Poll C, the Adjustments will take effect from 5.00 p.m. on Monday, 30 May 2022, being the Entitlement Date.

The notice setting out the details of the Adjustments to the holders of Warrants C will be despatched to the entitled Warrants C holders in due course.


This announcement is dated 30 May 2022.


Announcement Info

Company Name DIGISTAR CORPORATION BERHAD
Stock Name DIGISTA-WC
Date Announced 30 May 2022
Category Listing Information and Profile
Reference Number LIP-30052022-00002