Listing Information and Profile

15/04/2022

Profile for Securities of PLC

Amended Announcements
Please refer to the earlier announcement reference number: LIP-11052021-00010

HENG HUAT RESOURCES GROUP BERHAD

Instrument Category Securities of PLC
Instrument Type Warrants
Description
HENG HUAT RESOURCES GROUP BERHAD ("HENG HUAT")

ADJUSTMENT TO WARRANTS 2021/2026 OF HENG HUAT ("WARRANTS") PURSUANT TO A BONUS ISSUE

1st Further Issue Information

Listing Date 18 Apr 2022
Issue Date 15 Apr 2022
Issue/ Ask Price Not Applicable
Issue Size Indicator Unit
Amount Issued under Further Issue in Unit 101,095,710
Enlarge Issue Size in Unit 170,449,299

Initial Listing Information

Listing Date 17 May 2021
Issue Date 07 May 2021
Issue/ Ask Price Not Applicable
Issue Size Indicator Unit
Issue Size in Unit 69,353,589
Maturity Mandatory
Maturity Date 06 May 2026
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)   0.2000
Revised Exercise/Strike/Conversion Price Malaysian Ringgit (MYR)   0.0800
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 :
The Warrants may be exercised at any time during the tenure of the Warrants ending at 5:00 p.m. on the Expiry Date (being a date 5 years from and including the date of issue of the Warrants, provided that if such day falls on a day which is not a market day, then on the preceding market day). Each Warrant carries the entitlement to subscribe for 1 new ordinary share in Heng Huat at the Exercise Price which shall be satisfied fully in cash and shall be subject to adjustments in accordance with the Deed Poll. 

101,095,710 new additional Warrants have been issued resulting from the Bonus Issue announced on 13 January 2022. 

Subject to the provisions of the Deed Poll, the Exercise Price and the number of Warrants held by each Warrant holder shall be adjusted by Heng Huat in consultation with the adviser and certification of the external auditors, in the event of alteration to the share capital of Heng Huat.

This announcement is dated 15 April 2022.


Announcement Info

Company Name HENG HUAT RESOURCES GROUP BERHAD
Stock Name HHGROUP-WA
Date Announced 15 Apr 2022
Category Listing Information and Profile
Reference Number LIP-14042022-00001


Related Announcements for HHGROUP-WA
Date Title
12/05/2021 Profile for Securities of PLC