Listing Information and Profile

02/02/2021

Profile for Securities of PLC

JF TECHNOLOGY BERHAD

Instrument Category Securities of PLC
Instrument Type Warrants
Description 
BONUS ISSUE OF 692,998,755 NEW ORDINARY SHARES IN JF TECH ("JF TECH SHARE(S)") ("BONUS SHARES") TOGETHER WITH 461,999,170 FREE DETACHABLE WARRANTS ("WARRANTS"), ON THE BASIS OF 3 BONUS SHARES TOGETHER WITH 2 WARRANTS FOR EVERY 1 EXISTING JF TECH SHARE HELD AS AT 5.00 P.M. ON 21 JANUARY 2021 ("BONUS ISSUE OF SHARES WITH WARRANTS")
Listing Date 03 Feb 2021
Issue Date 25 Jan 2021
Issue/ Ask Price Not Applicable
Issue Size Indicator Unit
Issue Size in Unit 461,999,170
Maturity Mandatory
Maturity Date 23 Jan 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)   1.1600
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 1 new JF Tech Share at the exercise price (as set out above) and at any time during the exercise period (as set out above) ("Exercise Period") subject to the adjustments in accordance with the provisions of the deed poll dated 30 December 2020 constituting the Warrants. Any Warrants not exercised during the Exercise Period will thereafter lapse and cease to be valid.

This announcement is dated 2 February 2021.

Announcement Info

Company Name JF TECHNOLOGY BERHAD
Stock Name JFTECH-WA
Date Announced 02 Feb 2021
Category Listing Information and Profile
Reference Number LIP-02022021-00002


Related Announcements for JFTECH-WA
No related announcements.