ASIAPLY-WB

0.020

+0.005 (+33.3%)

Listing Information & Profile

Profile for Securities of PLC

ASIA POLY HOLDINGS BERHAD

Instrument Category Securities of PLC
Instrument Type Warrants
Description
ASIA POLY HOLDINGS BERHAD ("ASIA POLY" OR THE "COMPANY")

Issuance of 83,389,970 free detachable warrants ("Warrants") to the entitled shareholders of Asia Poly pursuant to the renounceable rights issue of 333,559,880 new irredeemable convertible preference shares in Asia Poly ("ICPS") on the basis of 1 ICPS for every 1 existing ordinary share in Asia Poly ("Asia Poly Share") held as at 5.00 p.m. on 17 November 2017 at an issue price of RM0.05 per ICPS, together with 83,389,970 Warrants on the basis of 1 Warrant for every 4 ICPS subscribed for ("Rights Issue of ICPS with Warrants")
Listing Date 19 Dec 2017
Issue Date 13 Dec 2017
Issue/ Ask Price Not Applicable
Issue Size Indicator Unit
Issue Size in Unit 83,389,970
Maturity Mandatory
Maturity Date 12 Dec 2022
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 Not Applicable
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 :
Each Warrant carries the entitlement to subscribe for 1 new Asia Poly Share at the exercise price (as indicated above) and at any time during the exercise period (as indicated above) ("Exercise Period") subject to the adjustments in accordance with the provisions of the deed poll dated 27 October 2017, constituting the Warrants. Any Warrants not exercised during the Exercise Period will thereafter lapse and cease to be valid for any purpose.

This announcement is dated 18 December 2017.


Announcement Info

Company Name ASIA POLY HOLDINGS BERHAD
Stock Name ASIAPLY-WB
Date Announced 18 Dec 2017
Category Listing Information and Profile
Reference Number LIP-17122017-00002