CLASSITA-WB

0.015

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Listing Information & Profile

Profile for Securities of PLC

Amended Announcements
Please refer to the earlier announcement reference number: LIP-28122021-00001

CLASSITA HOLDINGS BERHAD

Instrument Category Securities of PLC
Instrument Type Warrants
Description
CLASSITA HOLDINGS BERHAD (FORMERLY KNOWN AS CAELY HOLDINGS BHD) ("CLASSITA")

ADJUSTMENTS TO THE EXERCISE PRICE AND NUMBER OF THE OUTSTANDING WARRANTS 2021/2024 ("WARRANTS B") IN ACCORDANCE WITH THE PROVISIONS OF THE DEED POLL DATED 20 DECEMBER 2021  PURSUANT TO THE RENOUNCEABLE RIGHTS ISSUE OF UP TO 965,398,515 NEW ORDINARY SHARES IN CLASSITA ("CLASSITA SHARES" OR "SHARES") ("RIGHTS SHARES") ON THE BASIS OF 5 RIGHTS SHARES FOR EVERY 2 EXISTING SHARES HELD BY THE ENTITLED SHAREHOLDERS OF CLASSITA  AS AT 5.00 P.M. ON 14 JUNE 2023 ("ENTITLEMENT DATE"), TOGETHER WITH UP TO 579,239,109 FREE DETACHABLE WARRANTS ("WARRANTS C") ON THE BASIS OF 3 WARRANTS C FOR EVERY 5 RIGHTS SHARES SUBSCRIBED FOR, AT AN ISSUE PRICE OF RM0.10 PER RIGHTS SHARE ("RIGHTS ISSUE") ("ADJUSTMENTS")

1st Further Issue Information

Listing Date 14 Jul 2023
Issue Date 07 Jul 2023
Issue/ Ask Price Not Applicable
Issue Size Indicator Unit
Amount Issued under Further Issue in Unit 38,706,695
Enlarge Issue Size in Unit 72,654,397

Initial Listing Information

Listing Date 29 Dec 2021
Issue Date 23 Dec 2021
Issue/ Ask Price Not Applicable
Issue Size Indicator Unit
Issue Size in Unit 128,719,802
Maturity Mandatory
Maturity Date 22 Dec 2024
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 3.00   Year(s)
Revised Exercise/Conversion Period Not Applicable
Exercise/Strike/Conversion Price Malaysian Ringgit (MYR)   0.3500
Revised Exercise/Strike/Conversion Price Malaysian Ringgit (MYR)   0.1600
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 :
Pursuant to the Adjustments, the number of 33,947,702 Warrants B as at the Entitlement Date had been adjusted into 72,654,397 Warrants B (after disregarding the fractional entitlements arising from the Adjustments), whereby the additional 38,706,695 Warrants B will be listed and quoted on the Main Market of Bursa Malaysia Securities Berhad on 14 July 2023. The exercise price of the outstanding Warrants B is hereby adjusted from RM0.35 to RM0.16 on 14 July 2023.

The additional Warrants B arising from the Adjustments were issued based on the entitlement ratio of 1.1402: 1.0000 (additional Warrants B: existing number of outstanding Warrants B as at the Entitlement Date).

The notice setting out the details of the Adjustments to the holders of Warrants B was despatched to entitled Warrant B holders on 11 July 2023.

This announcement is dated 13 July 2023.


Announcement Info

Company Name CLASSITA HOLDINGS BERHAD
Stock Name CLASSITA-WB
Date Announced 13 Jul 2023
Category Listing Information and Profile
Reference Number LIP-11072023-00001