Listing Information and Profile

29/11/2017

Profile for Securities of PLC

Amended Announcements
Please refer to the earlier announcement reference number: LIP-03082015-00001

OSK HOLDINGS BERHAD

Instrument Category Securities of PLC
Instrument Type Warrants
Description
Adjustment to the exercise price and number of outstanding warrants 2015/ 2020 in OSK Holdings Berhad ("OSK" or "Company") constituted by the deed poll dated 7 July 2015 pursuant to the bonus issue of 692,397,056 new ordinary shares in OSK ("OSK Share(s)") ("Bonus Share(s)") on the basis of one (1) Bonus Share for every two (2) existing OSK Shares held on 29 November 2017 ("Bonus Issue")

1st Further Issue Information

Listing Date 30 Nov 2017
Issue Date 29 Nov 2017
Issue/ Ask Price Not Applicable
Issue Size Indicator Unit
Amount Issued under Further Issue in Unit 118,856,788
Enlarge Issue Size in Unit 356,577,165

Initial Listing Information

Listing Date 04 Aug 2015
Issue Date 23 Jul 2015
Issue/ Ask Price Not Applicable
Issue Size Indicator Unit
Issue Size in Unit 237,732,751
Maturity Mandatory
Maturity Date 22 Jul 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)   1.8000
Revised Exercise/Strike/Conversion Price Malaysian Ringgit (MYR)   1.2000
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 :
The exercise price of the warrants 2015/ 2020 in OSK ("Warrant(s) C") will be revised from RM1.80 to RM1.20 per Warrant C, and an additional 118,856,788 Warrants C will be issued pursuant to the adjustment in consequence to the Bonus Issue, and in accordance with the Company's deed poll dated 7 July 2015, constituting the Warrants C.

The said adjustment to the exercise price and number of outstanding Warrants C shall take effect on 30 November 2017, being the next market day immediately after the entitlement date of 29 November 2017 for the Bonus Issue.

The notice to Warrants C holders setting out the details of the adjustments and the notice of allotment of the additional Warrants C will be despatched in due course.


This announcement is dated 29 November 2017.


Announcement Info

Company Name OSK HOLDINGS BERHAD
Stock Name OSK-WC
Date Announced 29 Nov 2017
Category Listing Information and Profile
Reference Number LIP-29112017-00001


Related Announcements for OSK-WC
Date Title
03/08/2015 Profile for Securities of PLC