Additional Listing Announcement /Subdivision of Shares
| EDUSPEC HOLDINGS BERHAD |
1. Details of Corporate Proposal |
|
| Involve issuance of new type/class of securities ? | No |
| Types of corporate proposal | Conversion of Preference Shares |
| Details of corporate proposal | Conversion of Cumulative Redeemable Convertible Preference Shares ("RCPS") to Ordinary Shares |
| No. of shares issued under this corporate proposal | 75,000,000 |
| Issue price per share ($$) | Malaysian Ringgit (MYR) 0.0200 |
| Par Value($$) (if applicable) | Malaysian Ringgit (MYR) 0.000 |
Latest issued share capital after the above corporate proposal in the following |
|
| Units | 1,426,077,809 |
| Issued Share Capital ($$) | Malaysian Ringgit (MYR) 49,823,059.230 |
| Listing Date | 25 Nov 2019 |
| Remarks : |
Arising from the migration to no par value regime under the Companies Act 2016, par value is no longer relevant. Pursuant to Section 74 of the Companies Act 2016, the issued share capital of RM49,823,059.23 of the Company is represented by 1,426,077,809 ordinary shares. A total of 75,000,000 ordinary shares in the share capital of the Company was issued pursuant to the conversion of 15,000,000 RCPS to 75,000,000 ordinary shares. |
Announcement Info
| Company Name | EDUSPEC HOLDINGS BERHAD |
| Stock Name | EDUSPEC |
| Date Announced | 22 Nov 2019 |
| Category | Additional Listing Announcement /Subdivision of Shares |
| Reference Number | ALA-21112019-00010 |