PAOS-WA

0.075

-0.025 (-25%)

Listing Information & Profile

Profile for Securities of PLC

PAOS HOLDINGS BERHAD

Instrument Category Securities of PLC
Instrument Type Warrants
Description
Issue of 90,582,000 free warrants ("Warrants") on the basis of one (1) Warrant for every two (2) ordinary shares of RM0.50 each in Paos Holdings Berhad ("PAOS") held after the Bonus Issue of Shares at 5:00p.m. on 9 December 2016 ("Free Warrants Issue")
Listing Date 19 Dec 2016
Issue Date 15 Dec 2016
Issue/ Ask Price Not Applicable
Issue Size Indicator Unit
Issue Size in Unit 90,582,000
Maturity Mandatory
Maturity Date 14 Dec 2021
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)   0.5000
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 :
The Warrants are issued to the entitled shareholders of PAOS on the basis of one (1) Warrant for every two (2) ordinary shares of RM0.50 each in PAOS ("PAOS Shares") held at 5.00 p.m. on 9 December 2016.

Each Warrant carries the entitlement to subscribe for one (1) new PAOS Share at the exercise price (as indicated above) and at any time during the exercise period (as indicated above) ("Exercise Period") subject to the adjustments in accordance with the provisions of the deed poll dated 25 November 2016, constituting the Warrants. Any Warrant not exercised during the Exercise Period will thereafter lapse and cease to be valid for any purpose.

This announcement is dated 16 December 2016.


Announcement Info

Company Name PAOS HOLDINGS BERHAD
Stock Name PAOS-WA
Date Announced 16 Dec 2016
Category Listing Information and Profile
Reference Number LIP-15122016-00012