PTRANS-WB

0.050

+0.005 (+11.1%)

Listing Information & Profile

Profile for Securities of PLC

Amended Announcements
Please refer to the earlier announcement reference number: LIP-09082021-00001

PERAK TRANSIT BERHAD

Instrument Category Securities of PLC
Instrument Type Warrants
Description 
ADJUSTMENT TO THE EXERCISE PRICE AND THE NUMBER OF OUTSTANDING WARRANTS B IN ACCORDANCE WITH THE PROVISIONS OF THE DEED POLL DATED 14 JULY 2021 PURSUANT TO THE BONUS ISSUE OF UP TO 433,644,611 NEW ORDINARY SHARES IN PERAK TRANSIT ("PERAK TRANSIT SHARES" OR "SHARES") ("BONUS SHARES") ON THE BASIS OF 1 BONUS SHARE FOR EVERY 2 EXISTING PERAK TRANSIT SHARES HELD AT 5.00 P.M. ON 7 MARCH 2024

1st Further Issue Information

Listing Date 08 Mar 2024
Issue Date 07 Mar 2024
Issue/ Ask Price Not Applicable
Issue Size Indicator Unit
Amount Issued under Further Issue in Unit 62,564,765
Enlarge Issue Size in Unit 187,695,667

Initial Listing Information

Listing Date 11 Aug 2021
Issue Date 03 Aug 2021
Issue/ Ask Price Not Applicable
Issue Size Indicator Unit
Issue Size in Unit 158,682,251
Maturity Mandatory
Maturity Date 02 Aug 2026
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)   0.7500
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, 62,564,765 additional Warrants B will be listed and quoted on Main Market of Bursa Securities with effect from 9.00 a.m. on 8 March 2024 and the exercise price of the Warrants B will be adjusted from RM0.75 to RM0.50 each.
	
The notice to the Warrants Holders (setting out the details of the Adjustments) will be despatched in due course.

This announcement is dated 7 March 2024.

Announcement Info

Company Name PERAK TRANSIT BERHAD
Stock Name PTRANS-WB
Date Announced 07 Mar 2024
Category Listing Information and Profile
Reference Number LIP-05032024-00014


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