PANSAR-WA

0.000

(%)

Listing Information & Profile

Profile for Securities of PLC

Amended Announcements
Please refer to the earlier announcement reference number: LIP-12062018-00001

PANSAR BERHAD

Instrument Category Securities of PLC
Instrument Type Warrants
Description
ADJUSTMENTS TO THE EXERCISE PRICE AND NUMBER OF OUTSTANDING WARRANTS 2018/2023 IN PANSAR BERHAD ("PANSAR" OR "COMPANY") CONSTITUTED BY THE DEED POLL DATED 21 MAY 2018 ("DEED POLL") ("OUTSTANDING WARRANTS") ("ADJUSTMENTS") PURSUANT TO THE BONUS ISSUE OF 231,000,000 NEW ORDINARY SHARES IN PANSAR ("PANSAR SHARE(S)" OR "SHARE(S)") ("BONUS SHARE(S)") ON THE BASIS OF 1 BONUS SHARE FOR EVERY 2 EXISTING PANSAR SHARES HELD BY SHAREHOLDERS OF PANSAR WHOSE NAMES APPEAR ON THE RECORD OF DEPOSITORS AS AT 5.00 P.M. ON 7 MAY 2019 ("ENTITLEMENT DATE") ("BONUS ISSUE OF SHARES")

1st Further Issue Information

Listing Date 08 May 2019
Issue Date 07 May 2019
Issue/ Ask Price Not Applicable
Issue Size Indicator Unit
Amount Issued under Further Issue in Unit 77,000,000
Enlarge Issue Size in Unit 231,000,000

Initial Listing Information

Listing Date 14 Jun 2018
Issue Date 07 Jun 2018
Issue/ Ask Price Not Applicable
Issue Size Indicator Unit
Issue Size in Unit 154,000,000
Maturity Mandatory
Maturity Date 06 Jun 2023
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)   0.9500
Revised Exercise/Strike/Conversion Price Malaysian Ringgit (MYR)   0.6300
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 Bonus Issue of Shares, 77,000,000 additional warrants 2018/2023 will be listed and quoted on Main Market Bursa Securities on 8 May 2019 and the exercise price of the Outstanding Warrants will be revised from RM0.95 to RM0.63.

The said Adjustments to the exercise price and number of Outstanding Warrants shall take effect on 8 May 2019, being the next market day immediately after the Entitlement Date for the Bonus Issue of Shares. 

The notice to holders of the Outstanding Warrants setting out the details of the Adjustments and the notice of allotment of the additional warrants 2018/2023 will be despatched in due course. 

This announcement is dated 7 May 2019.


Announcement Info

Company Name PANSAR BERHAD
Stock Name PANSAR-WA
Date Announced 07 May 2019
Category Listing Information and Profile
Reference Number LIP-06052019-00001