Listing Information and Profile

15/09/2017

Profile for Securities of PLC

IDEAL UNITED BINTANG INTERNATIONAL BERHAD

Instrument Category Securities of PLC
Instrument Type Warrants
Description
Exchange of all the 55,234,200 outstanding warrants in Ideal United Bintang Berhad ("IUBB") as at 30 August 2017 ("Entitlement Date") with 55,234,200 new warrants in Ideal United Bintang International Berhad ("IUBIB") on the basis of 1 IUBB Warrant for every 1 existing IUBIB Warrant held on the Entitlement Date pursuant to the Internal Reorganisation implemented by IUBB
Listing Date 18 Sep 2017
Issue Date 12 Sep 2017
Issue/ Ask Price Not Applicable
Issue Size Indicator Unit
Issue Size in Unit 55,234,200
Maturity Mandatory
Maturity Date 30 Mar 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)   1.0000
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)




Announcement Info

Company Name IDEAL UNITED BINTANG INTERNATIONAL BERHAD
Stock Name IDEAL-WB
Date Announced 15 Sep 2017
Category Listing Information and Profile
Reference Number LIP-15092017-00001


Related Announcements for IDEAL-WB
No related announcements.