Additional Listing Announcement /Subdivision of Shares
| S P SETIA BERHAD |
1. Details of Corporate Proposal |
|
| Involve issuance of new type/class of securities ? | No |
| Types of corporate proposal | Conversion of Preference Shares |
| Details of corporate proposal | Conversion of Class C Islamic Redeemable Convertible Preference Shares to Ordinary Shares |
| No. of shares issued under this corporate proposal | 32,000 |
| Issue price per share ($$) | Malaysian Ringgit (MYR) 0.7956 |
| Par Value($$) (if applicable) | |
Latest issued share capital after the above corporate proposal in the following |
|
| Units | 4,623,327,849 |
| Issued Share Capital ($$) | Malaysian Ringgit (MYR) 10,484,143,893.270 |
| Listing Date | 25 Apr 2024 |
| Remarks : |
Pursuant to Section 74 of the Companies Act 2016, the latest share capital and number of issued shares of the Company is represented by 4,623,327,849 ordinary shares, 1,088,657,886 Islamic redeemable convertible preference shares and 1,334,981,445 Class C Islamic redeemable convertible preference shares ("RCPS-i C") equivalent to RM10,484,143,893.27.
The issue price of RM0.7956 is based on the conversion ratio of 32 ordinary shares for every 67 RCPS-i C held. |
Announcement Info
| Company Name | S P SETIA BERHAD |
| Stock Name | SPSETIA |
| Date Announced | 24 Apr 2024 |
| Category | Additional Listing Announcement /Subdivision of Shares |
| Reference Number | ALA-22042024-00019 |