EG-WD

0.490

-0.015 (-3%)

Listing Information & Profile

Profile for Securities of PLC

EG INDUSTRIES BERHAD

Instrument Category Securities of PLC
Instrument Type Warrants
Description 
ADJUSTMENTS TO THE EXERCISE PRICE AND THE NUMBER OF OUTSTANDING WARRANTS 2023/2028 ("WARRANT(S) D") IN EG INDUSTRIES BERHAD ("EGIB" OR THE "COMPANY") IN ACCORDANCE WITH THE PROVISIONS OF THE DEED POLL DATED 12 DECEMBER 2023 PURSUANT TO THE BONUS ISSUE OF UP TP 692,909,981 NEW ORDINARY SHARES IN EGIB ("BONUS SHARE(S)") ON THE BASIS OF 1 BONUS SHARE FOR EVERY 1 EXISTING ORDINARY SHARE IN EGIB HELD BY THE SHAREHOLDERS OF EGIB AT 5.00 P.M. ON 25 APRIL 2025 ("ADJUSTMENTS")

1st Further Issue Information

Listing Date 28 Apr 2025
Issue Date 25 Apr 2025
Issue/ Ask Price Not Applicable
Issue Size Indicator Unit
Amount Issued under Further Issue in Unit 225,108,007
Enlarge Issue Size in Unit 450,216,014

Initial Listing Information

Listing Date 02 Jan 2024
Issue Date 27 Dec 2023
Issue/ Ask Price Not Applicable
Issue Size Indicator Unit
Issue Size in Unit 225,108,007
Maturity Mandatory
Maturity Date 26 Dec 2028
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)   1.8000
Revised Exercise/Strike/Conversion Price Malaysian Ringgit (MYR)   0.9000
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, the exercise price of the Warrants D will be revised from RM1.80 to RM0.90 while an additional 225,108,007 Warrants D will be listed and quoted on 28 April 2025.

The Adjustments will take effect on 28 April 2025, being the next market day following the entitlement date for the Bonus Issue on 25 April 2025, in accordance with the deed poll dated 12 December 2023 constituting the Warrants D.

The notice to Warrant D holders containing details of the Adjustments will be despatched to the Warrant D holders in due course.

This announcement is dated 25 April 2025.

Announcement Info

Company Name EG INDUSTRIES BERHAD
Stock Name EG-WD
Date Announced 25 Apr 2025
Category Listing Information and Profile
Reference Number LIP-18042025-00001


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