ALRICH-WA

0.005

(%)

Listing Information & Profile

Profile for Securities of PLC

ORION IXL BERHAD

Instrument Category Securities of PLC
Instrument Type Warrants
Description
Warrants 2017/2022 issued pursuant to a renouncable rights issue with warrants ("Warrants")
Listing Date 02 Aug 2017
Issue Date 27 Jul 2017
Issue/ Ask Price Not Applicable
Issue Size Indicator Unit
Issue Size in Unit 232,927,485
Maturity Mandatory
Maturity Date 26 Jul 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 Not Applicable
Exercise/Strike/Conversion Price Malaysian Ringgit (MYR) � 0.1700
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 :
The Warrants may be exercised any time during the tenure of the Warrants of 5 years including and commencing from the issue date of the Warrants and ending at 5.00 p.m. on the Expiry Date (being a date being 5 years from and including the date of issue of the Warrants, provided that if such day falls on a day which is not a market day, then on the preceding market day). 

Each Warrant carries the entitlement to subscribe for 1 new ORION Share at the exercise price of RM0.17 at any time during the exercise period (as indicated above) ("Exercise Period"), subject to any adjustments that may be made from time to time in accordance with the provisions of the deed poll constituting the Warrants. Any Warrant not exercised during the Exercise Period will thereafter lapse and cease to be valid for any purpose and shall be cancelled.

This announcement is dated 1 August 2017.


Announcement Info

Company Name ORION IXL BERHAD
Stock Name ORION-WA
Date Announced 01 Aug 2017
Category Listing Information and Profile
Reference Number LIP-01082017-00001