AEM-WB

0.025

+0.01 (+66.7%)

Listing Information & Profile

Profile for Securities of PLC

Amended Announcements
Please refer to the earlier announcement reference number: LIP-19082021-00001

AE MULTI HOLDINGS BERHAD

Instrument Category Securities of PLC
Instrument Type Warrants
Description
ADJUSTMENTS TO THE EXERCISE PRICE AND NUMBER OF OUTSTANDING WARRANTS 2021/2024 OF AE MULTI HOLDINGS BERHAD ("AEM" OR THE "COMPANY") ("WARRANTS B") AS SPECIFIED IN THE DEED POLL DATED 1 JULY 2021 ("DEED POLL B"), PURSUANT TO THE CONSOLIDATION OF EVERY 10 EXISTING ORDINARY SHARES IN AEM ("AEM SHARES" OR "SHARES") INTO 1 AEM SHARE ("CONSOLIDATED SHARE") HELD AT 5.00 P.M. ON 21 FEBRUARY 2024 ("ENTITLEMENT DATE") ("SHARE CONSOLIDATION") ("ADJUSTMENTS")
Listing Date 20 Aug 2021
Issue Date 16 Aug 2021
Issue/ Ask Price Not Applicable
Issue Size Indicator Unit
Issue Size in Unit 1,081,720,597
Maturity Mandatory
Maturity Date 15 Aug 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)   0.0500
Revised Exercise/Strike/Conversion Price Malaysian Ringgit (MYR)   0.5000
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,

(i)	the existing exercise price of Warrants B of RM0.05 each will be revised to RM0.50 each; and

(ii)	the existing number of 1,081,720,597 Warrants B as at the Entitlement Date will be adjusted into 108,172,049 Warrants B (after disregarding the fractional entitlements arising from the Adjustments) which will be listed and quoted on the Main Market of Bursa Malaysia Securities Berhad on 22 February 2024, being the next market day following the Entitlement Date.

Further, in accordance with the provisions of the Deed Poll B, the Adjustments will take effect from 22 February 2024. 

The notice to the holders of Warrants B (setting out the details of the Adjustments) will be despatched in due course.


This announcement is dated 21 February 2024.


Announcement Info

Company Name AE MULTI HOLDINGS BERHAD
Stock Name AEM-WB
Date Announced 21 Feb 2024
Category Listing Information and Profile
Reference Number LIP-20022024-00013