BORNOIL-WD

0.005

(%)

Listing Information & Profile

Profile for Securities of PLC

BORNEO OIL BERHAD

Instrument Category Securities of PLC
Instrument Type Warrants
Description
Free Warrants 2017/ 2027 ("Warrant D") issued pursuant to the bonus issue of warrants exercise
Listing Date 07 Jun 2017
Issue Date 30 May 2017
Issue/ Ask Price Not Applicable
Issue Size Indicator Unit
Issue Size in Unit 378,808,984
Maturity Mandatory
Maturity Date 29 May 2027
Revised Maturity Date
Name of Guarantor
Name of Trustee
Coupon/Profit/Interest/Payment Rate
Coupon/Profit/Interest/Payment Frequency
Redemption
Exercise/Conversion Period 10.00 � Year(s)
Revised Exercise/Conversion Period
Exercise/Strike/Conversion Price Malaysian Ringgit (MYR) � 0.0700
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 D are issued to the entitled shareholders of Borneo Oil Berhad ("Bornoil") pursuant to the bonus issue of up to 528,085,453 new Warrants D on the basis of one (1) free Warrant D for every eight (8) existing ordinary shares in Bornoil ("Bornoil Share(s)") held as at 5.00 p.m. on 26 May 2017 ("Bonus Issue of Warrants").

Each Warrant D carries the entitlement to subscribe for one (1) new Bornoil Share at the exercise price of RM0.07 and at any time during the exercise period of ten (10) 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 D are subject to the adjustments in accordance with the provisions of the deed poll dated 30 May 2017, constituting the Warrants D. Any Warrants D not exercised during the Exercise Period will thereafter lapse and cease to be valid for any purpose.


Announcement Info

Company Name BORNEO OIL BERHAD
Stock Name BORNOIL-WD
Date Announced 06 Jun 2017
Category Listing Information and Profile
Reference Number LIP-06062017-00002