TRIVE-WD

0.005

(%)

Listing Information & Profile

Profile for Securities of PLC

TRIVE PROPERTY GROUP BERHAD

Instrument Category Securities of PLC
Instrument Type Warrants
Description 
TRIVE PROPERTY GROUP BERHAD ("TRIVE" OR THE "COMPANY")

BONUS ISSUE OF 505,453,092 WARRANTS ("WARRANTS D") ON THE BASIS OF 2 WARRANTS D FOR EVERY 5 EXISTING TRIVE SHARES HELD AS AT 5.00 P.M. ON 7 OCTOBER 2024 ("BONUS ISSUE OF WARRANTS")
Listing Date 15 Oct 2024
Issue Date 09 Oct 2024
Issue/ Ask Price Not Applicable
Issue Size Indicator Unit
Issue Size in Unit 505,453,092
Maturity Mandatory
Maturity Date 08 Oct 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)   0.0500
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 D carries the entitlement to subscribe for 1 new Trive Share at any time during the exercise period as indicated above ("Exercise Period") at the exercise price of RM0.05, subject to the adjustments in accordance with the provisions of the deed poll constituting the Warrants D dated 23 September 2024. Any Warrants D 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 14 October 2024.

Announcement Info

Company Name TRIVE PROPERTY GROUP BERHAD
Stock Name TRIVE-WD
Date Announced 14 Oct 2024
Category Listing Information and Profile
Reference Number LIP-11102024-00002


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