Description |
ASIA POLY HOLDINGS BERHAD ("ASIA POLY" OR THE "COMPANY")
Issuance of 83,389,970 free detachable warrants ("Warrants") to the entitled shareholders of Asia Poly pursuant to the renounceable rights issue of 333,559,880 new irredeemable convertible preference shares in Asia Poly ("ICPS") on the basis of 1 ICPS for every 1 existing ordinary share in Asia Poly ("Asia Poly Share") held as at 5.00 p.m. on 17 November 2017 at an issue price of RM0.05 per ICPS, together with 83,389,970 Warrants on the basis of 1 Warrant for every 4 ICPS subscribed for ("Rights Issue of ICPS with Warrants") |