Listing Information and Profile

11/01/2021

Profile for Securities of PLC

GDEX BERHAD

Instrument Category Securities of PLC
Instrument Type Warrants
Description 
Issuance of 703,935,325 free warrants in GDEX Berhad ("GDEX") ("Warrants C") on the basis of one (1) Warrant C for every eight (8) existing ordinary shares in GDEX held as at 5.00 p.m. on 30 December 2020
Listing Date 12 Jan 2021
Issue Date 05 Jan 2021
Issue/ Ask Price Not Applicable
Issue Size Indicator Unit
Issue Size in Unit 703,935,325
Maturity Mandatory
Maturity Date 04 Jan 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 7.00   Year(s)
Revised Exercise/Conversion Period Not Applicable
Exercise/Strike/Conversion Price Malaysian Ringgit (MYR)   0.4500
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 C entitles the registered Warrant C holder to subscribe for one (1) new ordinary share in GDEX at any time during the Exercise Period at the exercise price of RM0.45 per Warrant C, subject to adjustments in accordance with the provisions of the deed poll dated 10 December 2020 constituting the Warrants C. Any Warrants C not exercised during the Exercise Period will thereafter lapse and cease to be valid for any purpose.

This announcement is dated 11 January 2021.

Announcement Info

Company Name GDEX BERHAD
Stock Name GDEX-WC
Date Announced 11 Jan 2021
Category Listing Information and Profile
Reference Number LIP-08012021-00001


Related Announcements for GDEX-WC
No related announcements.