MNHLDG-WA

0.385

(%)

Listing Information & Profile

Profile for Securities of PLC

MN HOLDINGS BERHAD

Instrument Category Securities of PLC
Instrument Type Warrants
Description
MN HOLDINGS BERHAD ("MNHB" OR "COMPANY")

BONUS ISSUE OF 204,375,000 FREE WARRANTS IN MNHB ("WARRANT(S)") ON THE BASIS OF 1 WARRANT FOR EVERY 2 EXISTING ORDINARY SHARES IN MNHB HELD BY THE ENTITLED SHAREHOLDERS ON 27 FEBRUARY 2023
Listing Date 08 Mar 2023
Issue Date 03 Mar 2023
Issue/ Ask Price Not Applicable
Issue Size Indicator Unit
Issue Size in Unit 204,375,000
Maturity Mandatory
Maturity Date 02 Mar 2028
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)   0.2000
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 MNHB Share at any time during the exercise period as indicated above ("Exercise Period") at the exercise price of RM0.20, subject to the adjustments in accordance with the provisions of the deed poll constituting the Warrants dated 10 February 2023. 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 7 March 2023.


Announcement Info

Company Name MN HOLDINGS BERHAD
Stock Name MNHLDG-WA
Date Announced 07 Mar 2023
Category Listing Information and Profile
Reference Number LIP-07032023-00002