Listing Information and Profile

15/02/2017

Profile for Securities of PLC

Amended Announcements
Please refer to the earlier announcement reference number: LIP-23082016-00001

HUBLINE BERHAD

Instrument Category Securities of PLC
Instrument Type Warrants
Description 
ADJUSTMENTS TO THE NUMBER AND EXERCISE PRICE OF OUTSTANDING WARRANTS 2015/2020 ("WARRANTS B") AS SPECIFIED IN THE DEED POLL DATED 12 NOVEMBER 2015 ("DEED POLL B"), AS A CONSEQUENCE OF THE CONSOLIDATION OF EVERY TWENTY (20) ORDINARY SHARES OF RM0.005 EACH IN HUBLINE BERHAD ("HUBLINE" OR THE "COMPANY") INTO ONE (1) ORDINARY SHARE OF RM0.10 EACH ("HUBLINE SHARES") AT 5.00 P.M. ON 15 FEBRUARY 2017 ("SHARE CONSOLIDATION") ("ADJUSTMENTS")
Listing Date 29 Dec 2015
Issue Date 21 Dec 2015
Issue/ Ask Price Not Applicable
Issue Size Indicator Unit
Issue Size in Unit 153,953,869
Maturity Mandatory
Maturity Date 20 Dec 2020
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)   0.0100
Revised Exercise/Strike/Conversion Price Malaysian Ringgit (MYR)   0.2000
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 : 
Pursuant to the Adjustments, the adjusted number of Warrants B is 153,953,869 and the exercise price for the Warrants B will be revised from RM0.01 to RM0.20. The notice to the holders of Warrants B (setting out the details of the Adjustments) will be despatched in due course. 

This announcement is dated 15 February 2017.

Announcement Info

Company Name HUBLINE BERHAD
Stock Name HUBLINE-WB
Date Announced 15 Feb 2017
Category Listing Information and Profile
Reference Number LIP-15022017-00002


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