SCGBHD-WA

0.280

-0.025 (-8.2%)

Listing Information & Profile

Profile for Securities of PLC

SOUTHERN CABLE GROUP BERHAD

Instrument Category Securities of PLC
Instrument Type Warrants
Description
Bonus issue of 400,000,000 warrants of Southern Cable Group Berhad ("Southern Cable") ("Warrants") on the basis of 1 Warrant for every 2 existing ordinary shares in Southern Cable held as at 5.00 p.m. on 27 October 2022 ("Entitlement Date") ("Bonus Issue of Warrants")
Listing Date 04 Nov 2022
Issue Date 01 Nov 2022
Issue/ Ask Price Not Applicable
Issue Size Indicator Unit
Issue Size in Unit 400,000,000
Maturity Mandatory
Maturity Date 31 Oct 2027
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)   0.2750
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 Southern Cable Share at any time during the exercise period as indicated above ("Exercise Period") at the exercise price of RM0.275, subject to the adjustments in accordance with the provisions of the deed poll constituting the Warrants dated 11 October 2022. Any Warrants which are not exercised during the Exercise Period will thereafter lapse and cease to be valid and shall be cancelled and treated to have been cancelled forthwith.

This announcement is dated 3 November 2022.


Announcement Info

Company Name SOUTHERN CABLE GROUP BERHAD
Stock Name SCGBHD-WA
Date Announced 03 Nov 2022
Category Listing Information and Profile
Reference Number LIP-03112022-00001