SALCON-WB

0.055

(%)

Listing Information & Profile

Profile for Securities of PLC

SALCON BERHAD

Instrument Category Securities of PLC
Instrument Type Warrants
Description 
Issuance of 336,566,643 warrants in Salcon Berhad ("Salcon") ("Warrants") on the basis of 1 Warrant for every 2 existing ordinary shares held in Salcon ("Free Warrants Issue")
Listing Date 27 Jul 2018
Issue Date 20 Jul 2018
Issue/ Ask Price Not Applicable
Issue Size Indicator Unit
Issue Size in Unit 336,566,643
Maturity Mandatory
Maturity Date 19 Jul 2025
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 7.00   Year(s)
Revised Exercise/Conversion Period Not Applicable
Exercise/Strike/Conversion Price Malaysian Ringgit (MYR)   0.3000
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 carries the entitlement to subscribe for 1 new Share at the exercise price of RM0.30 and at any time during the exercise period, subject to any adjustments made in accordance with the provisions of the deed poll dated 29 June 2018 constituting the Warrants. Any Warrants not exercised during the exercise period will thereafter lapse and cease to be valid for any purpose.

This announcement is dated 26 July 2018.

Announcement Info

Company Name SALCON BERHAD
Stock Name SALCON-WB
Date Announced 26 Jul 2018
Category Listing Information and Profile
Reference Number LIP-26072018-00001


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