VS-WC

0.005

(%)

Listing Information & Profile

Profile for Securities of PLC

V.S. INDUSTRY BERHAD

Instrument Category Securities of PLC
Instrument Type Warrants
Description 
Bonus issue of 386,976,067 free new warrants C in V.S. Industry Berhad ("VSIB") ("Warrants C") on the basis of 1 Warrant C for every 10 existing ordinary shares in VSIB held as at 5.00 p.m. on 3 September 2024
Listing Date 11 Sep 2024
Issue Date 06 Sep 2024
Issue/ Ask Price Not Applicable
Issue Size Indicator Unit
Issue Size in Unit 386,976,067
Maturity Mandatory
Maturity Date 05 Sep 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 2.00   Year(s)
Revised Exercise/Conversion Period Not Applicable
Exercise/Strike/Conversion Price Malaysian Ringgit (MYR)   1.1300
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 C entitles the registered Warrant C holder to subscribe for 1 new ordinary share in VSIB at any time during the Exercise Period at the exercise price of RM1.13 per Warrant C, subject to adjustments in accordance with the provisions of the deed poll dated 20 August 2024 constituting the Warrants C. Any Warrants C not exercised during the Exercise Period will thereafter lapse and cease to be valid for any purposes. 

This announcement is dated 10 September 2024.

Announcement Info

Company Name V.S. INDUSTRY BERHAD
Stock Name VS-WC
Date Announced 10 Sep 2024
Category Listing Information and Profile
Reference Number LIP-10092024-00012


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