Listing Information and Profile

06/04/2016

Profile for Securities of PLC

HARBOUR-LINK GROUP BERHAD

Instrument Category Securities of PLC
Instrument Type Warrants
Description
WARRANTS IN HARBOUR-LINK GROUP BERHAD ("HARBOUR-LINK") ("WARRANT(S)") ISSUED PURSUANT TO THE BONUS ISSUE OF 36,400,000 WARRANTS ON THE BASIS OF ONE (1) WARRANT FOR EVERY TEN (10) EXISTING ORDINARY SHARES OF RM0.50 EACH HELD IN HARBOUR-LINK AT 5.00 P.M. ON THURSDAY, 31 MARCH 2016, AFTER THE COMPLETION OF THE SHARE SPLIT ("BONUS ISSUE OF WARRANTS")
Listing Date 08 Apr 2016
Issue Date 04 Apr 2016
Issue/ Ask Price Not Applicable
Issue Size Indicator Unit
Issue Size in Unit 36,400,000
Maturity Mandatory
Maturity Date 03 Apr 2021
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 5.00   Year(s)
Revised Exercise/Conversion Period Not Applicable
Exercise/Strike/Conversion Price Malaysian Ringgit (MYR)   1.5600
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 one (1) new ordinary share of RM0.50 each in Harbour-Link at the exercise price of RM1.56 each, which shall be satisfied in cash and at any time during the exercise period as indicated above ("Exercise Period") subject to the adjustments in accordance with the provisions of the deed poll dated 17 March 2016 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 6 April 2016.


Announcement Info

Company Name HARBOUR-LINK GROUP BERHAD
Stock Name HARBOUR-WC
Date Announced 06 Apr 2016
Category Listing Information and Profile
Reference Number LIP-06042016-00011


Related Announcements for HARBOUR-WC
No related announcements.