MCEHLDG-WA

0.660

+0.01 (+1.5%)

Listing Information & Profile

Profile for Securities of PLC

MCE HOLDINGS BERHAD

Instrument Category Securities of PLC
Instrument Type Warrants
Description 
Bonus Issue of 61,778,702 free warrants ("Warrant(s)") on the basis of 1 Warrant for every 2 ordinary shares in MCE Holdings Berhad ("MCE")("MCE Share(s)") held at 5.00 p.m. on 12 January 2024
Listing Date 19 Jan 2024
Issue Date 16 Jan 2024
Issue/ Ask Price Not Applicable
Issue Size Indicator Unit
Issue Size in Unit 61,778,702
Maturity Mandatory
Maturity Date 15 Jan 2029
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)   0.8000
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 entitles the registered holder to subscribe for one (1) new MCE Share at any time during the Exercise Period at the Exercise Price, subject to adjustments in accordance with the provisions in the Deed Poll dated 22 December 2023 constituting the Warrants. Any Warrants not exercised during the Exercise Period will thereafter lapse and cease to be valid for any purpose.

This announcement is dated 18 January 2024.

Announcement Info

Company Name MCE HOLDINGS BERHAD
Stock Name MCEHLDG-WA
Date Announced 18 Jan 2024
Category Listing Information and Profile
Reference Number LIP-18012024-00001


View original announcement