DAIBOCI-WB

0.315

-0.065 (-17.1%)

Listing Information & Profile

Profile for Securities of PLC

DAIBOCHI PLASTIC AND PACKAGING INDUSTRY BERHAD

Instrument Category Securities of PLC
Instrument Type Warrants
Description
Free Warrants 2017/ 2022 ("Warrant") issued pursuant to the bonus issue of warrants exercise
Listing Date 28 Jun 2017
Issue Date 20 Jun 2017
Issue/ Ask Price Not Applicable
Issue Size Indicator Unit
Issue Size in Unit 27,324,377
Maturity Mandatory
Maturity Date 19 Jun 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  
Exercise/Strike/Conversion Price Malaysian Ringgit (MYR)   2.5000
Revised Exercise/Strike/Conversion Price  
Exercise/Conversion Ratio 1:1
Revised Exercise/Conversion Ratio
Mode of satisfaction of Exercise/ Conversion price Cash
Settlement Type/ Convertible into Physical (Shares)



Remarks :
The Warrants are issued to the entitled shareholders of Daibochi Plastic and Packaging Industry Bhd ("Daibochi") pursuant to the bonus issue of 27,324,377 new Warrants on the basis of one (1) free Warrant for every ten (10) existing ordinary shares in Daibochi ("Daibochi Share(s)") held as at 5.00 p.m. on 14 June 2017 ("Bonus Issue of Warrants").

Each Warrant carries the entitlement to subscribe for one (1) new Daibochi Share at the exercise price of RM2.50 and at any time during the exercise period of five (5) years as indicated above ("Exercise Period") commencing from and including the issue date and ending at 5.00 p.m. on the expiry date (provided that if such a day is not a market day, then it shall be the market day immediately preceding the said non-market day). The Warrants are subject to the adjustments in accordance with the provisions of the deed poll dated 29 May 2017, constituting the Warrants. Any Warrants not exercised during the Exercise Period will thereafter lapse and cease to be valid for any purpose.


Announcement Info

Company Name DAIBOCHI PLASTIC AND PACKAGING INDUSTRY BERHAD
Stock Name DAIBOCI-WB
Date Announced 23 Jun 2017
Category Listing Information and Profile
Reference Number LIP-20062017-00003