Listing Information and Profile

04/10/2021

Profile for Securities of PLC

Amended Announcements
Please refer to the earlier announcement reference number: LIP-11082021-00001

PDZ HOLDINGS BHD

Instrument Category Securities of PLC
Instrument Type Warrants
Description 
ADJUSTMENTS TO THE EXERCISE PRICE AND NUMBER OF OUTSTANDING WARRANTS 2018/2023 OF PDZ HOLDINGS BHD ("PDZ" OR THE "COMPANY") ("WARRANTS B") IN ACCORDANCE WITH THE PROVISIONS OF THE DEED POLL DATED 19 DECEMBER 2017 CONSTITUTING THE WARRANTS B ("DEED POLL B") PURSUANT TO THE RENOUNCEABLE RIGHTS ISSUE OF UP TO 797,746,170 NEW ORDINARY SHARES IN PDZ ("PDZ SHARES" OR "SHARES") ("RIGHTS SHARES") AT AN ISSUE PRICE OF RM0.14 PER RIGHTS SHARE TOGETHER WITH UP TO 265,915,390 FREE DETACHABLE WARRANTS IN THE COMPANY ("WARRANTS C") ON THE BASIS OF 6 RIGHTS SHARES TOGETHER WITH 2 FREE WARRANTS C FOR EVERY 1 EXISTING SHARE HELD BY THE ENTITLED SHAREHOLDERS OF THE COMPANY AT 5.00 P.M. ON 1 OCTOBER 2021 ("ENTITLEMENT DATE") ("RIGHTS ISSUE WITH WARRANTS") ("ADJUSTMENTS")

1st Further Issue Information

Listing Date 12 Aug 2021
Issue Date 11 Aug 2021
Issue/ Ask Price Not Applicable
Issue Size Indicator Unit
Amount Issued under Further Issue in Unit 0
Enlarge Issue Size in Unit 31,840,224

2nd Further Issue Information

Listing Date 02 Nov 2021
Issue Date 06 Oct 2021
Issue/ Ask Price Not Applicable
Issue Size Indicator Unit
Amount Issued under Further Issue in Unit 70,095,402
Enlarge Issue Size in Unit 101,935,626

Initial Listing Information

Listing Date 07 Feb 2018
Issue Date 30 Jan 2018
Issue/ Ask Price Not Applicable
Issue Size Indicator Unit
Issue Size in Unit 325,995,328
Maturity Mandatory
Maturity Date 29 Jan 2023
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 Malaysian Ringgit (MYR)   0.3000
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, (i) the existing number of 31,840,224 Warrants B will be adjusted to 101,935,626 Warrants B, whereby the additional 70,095,402 Warrants B will be allotted and issued on 6 October 2021 to the entitled warrant holders whose names appear on the Record of Depositors of PDZ at 5.00pm on 1 October 2021. The Additional Warrants B will be listed and quoted on the Main Market of Bursa Malaysia Securities Berhad on 2 November 2021 simultaneously with the Rights Shares and Warrants C; and (ii) the exercise price of the Warrants B will be revised from RM1.00 per PDZ Share to RM0.30 per PDZ Share.

The additional Warrants B were issued based on the entitlement ratio of 2.2015:1.0000 (Additional Warrants B: number of outstanding Warrants B held as at the Entitlement Date) and after disregarding fractional entitlements.

In accordance with the Deed Poll B, the Adjustments shall take effect on 4 October 2021, being the next market day immediately after the Entitlement Date.

The notice to the holders of Warrants B in relation to the Adjustments and the notice of allotment of the Additional Warrants B will be despatched in due course.

This announcement is dated 4 October 2021.

Announcement Info

Company Name PDZ HOLDINGS BHD
Stock Name PDZ-WB
Date Announced 04 Oct 2021
Category Listing Information and Profile
Reference Number LIP-02102021-00019


Related Announcements for PDZ-WB
Date Title
11/08/2021 Profile for Securities of PLC
06/02/2018 Profile for Securities of PLC