EG-WD

0.500

-0.02 (-3.8%)

Listing Information & Profile

Profile for Securities of PLC

EG INDUSTRIES BERHAD

Instrument Category Securities of PLC
Instrument Type Warrants
Description
Bonus issue of 225,108,007 warrants of EG Industries Berhad ("EGIB") ("Warrants") on the basis of 1 Warrant for every 2 existing ordinary shares in EGIB held as at 5.00 p.m. on 20 December 2023 ("Entitlement Date") ("Bonus Issue of Warrants")
Listing Date 02 Jan 2024
Issue Date 27 Dec 2023
Issue/ Ask Price Not Applicable
Issue Size Indicator Unit
Issue Size in Unit 225,108,007
Maturity Mandatory
Maturity Date 26 Dec 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)   1.8000
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 EGIB Share at any time during the exercise period as indicated above ("Exercise Period") at the exercise price of RM1.80, subject to the adjustments in accordance with the provisions of the deed poll constituting the Warrants dated 12 December 2023. Any Warrants which are not exercised during the Exercise Period will thereafter lapse and cease to be valid and shall be cancelled and treated to have been cancelled forthwith.

This announcement is dated 29 December 2023.


Announcement Info

Company Name EG INDUSTRIES BERHAD
Stock Name EG-WD
Date Announced 29 Dec 2023
Category Listing Information and Profile
Reference Number LIP-29122023-00001