Additional Listing Announcement /Subdivision of Shares

01/03/2021

Additional Listing Announcement /Subdivision of Shares

EDUSPEC HOLDINGS 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 Cumulative Redeemable Convertible Preference Shares ("RCPS") to Ordinary Shares
No. of shares issued under this corporate proposal 50,000,000
Issue price per share ($$) Malaysian Ringgit (MYR)   0.0200
Par Value($$) (if applicable) Malaysian Ringgit (MYR)   0.000
Latest issued share capital after the above corporate proposal in the following
Units 1,998,967,361
Issued Share Capital ($$) Malaysian Ringgit (MYR) 88,323,059.230
Listing Date 02 Mar 2021


Remarks :
Arising from the migration to no par value regime under the Companies Act 2016, par value is no longer relevant.

Pursuant to Section 74 of the Companies Act 2016, the issued share capital of RM88,323,059.23 of the Company is represented by 1,998,967,361 ordinary shares.

A total of 50,000,000 ordinary shares in the share capital of the Company was issued pursuant to the conversion of 10,000,000 RCPS to 50,000,000 ordinary shares.


Announcement Info

Company Name EDUSPEC HOLDINGS BERHAD
Stock Name EDUSPEC
Date Announced 01 Mar 2021
Category Additional Listing Announcement /Subdivision of Shares
Reference Number ALA-13082020-00010


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