FSBM-WB

0.355

(%)

Listing Information & Profile

Profile for Securities of PLC

FSBM HOLDINGS BERHAD

Instrument Category Securities of PLC
Instrument Type Warrants
Description
FREE DETACHABLE WARRANTS IN FSBM HOLDINGS BERHAD ("FSBM" OR THE "COMPANY") ("WARRANTS") ISSUED PURSUANT TO THE RENOUNCEABLE RIGHTS ISSUE OF UP TO 236,659,300 NEW ORDINARY SHARES IN FSBM ("FSBM SHARES") ("RIGHTS SHARES") ON THE BASIS OF 1 RIGHTS SHARE FOR EVERY 1 EXISTING FSBM SHARE HELD AS AT 5.00 P.M. ON FRIDAY, 25 AUGUST 2023, TOGETHER WITH UP TO 118,329,650 FREE WARRANTS IN FSBM ("WARRANT") ON THE BASIS OF 1 WARRANT FOR EVERY 2 RIGHTS SHARES SUBSCRIBED FOR AT AN ISSUE PRICE OF RM0.03 PER RIGHTS SHARE
Listing Date 26 Sep 2023
Issue Date 19 Sep 2023
Issue/ Ask Price Not Applicable
Issue Size Indicator Unit
Issue Size in Unit 118,329,650
Maturity Mandatory
Maturity Date 18 Sep 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)   0.0500
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 FSBM Share at the exercise price of RM0.05 at any time during the exercise period of 5 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 are subject to adjustments in accordance with the provisions of the deed poll dated 11 August 2023 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 25 September 2023.


Announcement Info

Company Name FSBM HOLDINGS BERHAD
Stock Name FSBM-WB
Date Announced 25 Sep 2023
Category Listing Information and Profile
Reference Number LIP-25092023-00001