AGES-PA

0.040

+0.005 (+14.3%)

Listing Information & Profile

Profile for Securities of PLC

Amended Announcements
Please refer to the earlier announcement reference number: LIP-12042022-00001

AGESON BERHAD

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

ADJUSTMENT TO THE CONVERSION PRICE OF IRREDEEMABLE CONVERTIBLE PREFERENCE SHARES IN AGESON ("ICPS") PURSUANT TO THE RENOUNCEABLE RIGHTS ISSUE OF UP TO 716,335,858 NEW ORDINARY SHARES IN AGESON ("SHARES") ("RIGHTS SHARES") ON THE BASIS OF 2 RIGHTS SHARES FOR EVERY 1 EXISTING SHARE HELD AS AT 5.00 P.M. ON 6 MAY 2022 ("ENTITLEMENT DATE") AT AN ISSUE PRICE OF RM0.20 PER RIGHTS SHARE ("RIGHTS ISSUE")

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

2nd Further Issue Information

Listing Date 08 Jun 2022
Issue Date 08 Jun 2022
Issue/ Ask Price Not Applicable
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 adjustment to the conversion price of the ICPS arising from the Rights Issue ("Adjustment"),

(i)	the conversion price of ICPS of RM1.95 each will be revised to RM1.03 each; and

(ii)	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 RM1.80 each will be revised to RM0.95 each. 

The notice setting out the details of the Adjustment to the holders of ICPS was despatched to entitled ICPS holders on 2 June 2022.

This announcement is dated 8 June 2022.


Announcement Info

Company Name AGESON BERHAD
Stock Name AGES-PA
Date Announced 08 Jun 2022
Category Listing Information and Profile
Reference Number LIP-08062022-00001