Profile for Loan Stocks
CME GROUP BERHAD |
Instrument Type | Loan Stocks |
Description | CME GROUP BERHAD (“CME” OR “COMPANY”) RENOUNCEABLE RIGHTS ISSUE OF UP TO RM35,288,000 NOMINAL VALUE OF TEN (10)-YEAR, ZERO COUPON IRREDEEMABLE CONVERTIBLE UNSECURED LOAN STOCKS (“ICULS”) AT 100% OF THE NOMINAL VALUE OF RM0.04 EACH (“RIGHTS ICULS”) ON THE BASIS OF RM0.08 NOMINAL VALUE OF THE ICULS FOR EVERY ONE (1) EXISTING ORDINARY SHARE OF RM0.10 EACH IN CME HELD AT 5.00 P.M. ON 30 OCTOBER 2014, BASED ON A MINIMUM SUBSCRIPTION LEVEL OF RM27,000,000 NOMINAL VALUE OF THE RIGHTS ICULS (“RIGHTS ISSUE OF ICULS”) |
Listing Date | 28/11/2014 |
Issue Date | 24/11/2014 |
Issue/ Ask Price | MYR 0.0400 |
Issue Size Indicator | Currency |
Issue Size in Currency | MYR 31,370,028.6000 |
Maturity Date | 23/11/2024 |
Revised Maturity Date | |
Exercise/ Conversion Period | 10.00Year(s) |
Revised Exercise/ Conversion Period | |
Exercise/Strike/Conversion Price | MYR 0.1000 |
Revised Exercise/Strike/Conversion Price | |
Exercise/ Conversion Ratio | Please refer to remarks |
Revised Exercise/ Conversion Ratio | |
Mode of satisfaction of Exercise/ Conversion price | Please refer to remarks |
Settlement Type/ Convertible into | Physical (Shares) |
Remarks : |
Based on the conversion price of RM0.10 (“Conversion Price”), the ICULS may be converted into new CME Shares in the following manner: (i) by surrendering the ICULS for such nominal value equivalent to the Conversion Price for one (1) new CME Share; or (ii) by surrendering the ICULS for such number of RM0.04 nominal value together with cash such that in aggregate it equivalents to the Conversion Price for one (1) new CME Share. Each registered holder of the ICULS shall have the right on any market day from and including the date of the issue of the ICULS up to and including the Maturity Date (“Conversion Period”) to convert the ICULS held into fully paid-up new CME Shares at the Conversion Price. Any remaining ICULS not converted at the end of the Conversion Period shall be mandatorily converted into new CME Shares at the Conversion Price on the Maturity Date. Any fractional new CME Share arising from the mandatory conversion of the ICULS on the Maturity Date shall be disregarded and be dealt with by the Board of Directors of CME as it may deem fit and expedient in the best interest of CME. The ICULS will not be redeemable for cash. This announcement is dated 27 November 2014. |
Announcement Info
Company Name | CME GROUP BERHAD |
Stock Name | CME-LA |
Date Announced | 27 Nov 2014 |
Category | Listing Information & Profile |
Reference No | MM-141127-35802 |