Entitlement(Notice of Book Closure)
07/10/2020Adjustment
| QL-CV: CW QL RESOURCES BERHAD (MACQ) |
| Entitlement subject | Adjustment |
| Entitlement description | ADJUSTMENTS TO THE TERMS AND CONDITIONS OF EUROPEAN STYLE NON-COLLATERALISED CASH SETTLED CALL WARRANTS EXPIRING ON 16 APRIL 2021 OVER ORDINARY SHARES OF QL RESOURCES BERHAD ("QL") ("QL-CV") PURSUANT TO THE BONUS ISSUE OF UP TO 811,219,129 NEW ORDINARY SHARES IN QL ("BONUS SHARES") ON THE BASIS OF ONE (1) BONUS SHARE FOR EVERY TWO (2) EXISTING SHARES HELD IN QL AS AT 5.00 P.M. ON 15 OCTOBER 2020 |
| EX-date | 14 Oct 2020 |
| Entitlement date | 15 Oct 2020 |
| Entitlement time | 5:00 PM |
| Financial Year End | |
| Period of interest payment | to |
| Share transfer book & register of members will be | to closed from (both dates inclusive) for the purpose of determining the entitlement |
| Payment date | |
| a.Securities transferred into the Depositor's Securities Account before 4:30 pm in respect of transfers | 15 Oct 2020 |
| b.Securities deposited into the Depositor's Securities Account before 12:30 pm in respect of securities exempted from mandatory deposit | |
| c. Securities bought on the Exchange on a cum entitlement basis according to the Rules of the Exchange. | |
| Number of new
shares/securities issued (units) (If applicable) |
|
| Entitlement indicator | Ratio |
| Ratio | 0.0000 : 0.0000 |
| Rights Issue/Offer Price | |
| Par Value (if applicable) | |
| Registrar or Service Provider name, address, telephone no |
MACQUARIE CAPITAL SECURITIES (MALAYSIA) SDN BHD 10th floor, Menara Hap Seng No. 1 & 3, Jalan P. Ramlee 50250 Kuala Lumpur Wilayah Persekutuan Malaysia Tel:0320598840 Fax:0320321889 |
| Remarks : |
Effective 14 October 2020, the Exercise Price and Exercise Ratio will be adjusted in accordance with the following formulae (and rounded to the nearest four decimal points): (i) Adjusted Exercise Price = X / (1+N) (ii) Adjusted Exercise Ratio = E / (1+N) Where: X = RM11.88, being the existing Exercise Price immediately prior to the Bonus Issue N = 1/2, being the number of Bonus Shares (whether a whole or a fraction) received by a Shareholder for each Share held prior to the Bonus Issue E = 20.000, being the existing Exercise Ratio immediately prior to the Bonus Issue The above adjustments will take effect from 9.00 am on 14 October 2020, being the first day of dealings in the Shares on an ex-entitlement basis. This announcement is dated 7 October 2020. |
Announcement Info
| Company Name | QL-CV: CW QL RESOURCES BERHAD (MACQ) |
| Stock Name | QL-CV |
| Date Announced | 07 Oct 2020 |
| Category | Entitlement(Notice of Book Closure) |
| Reference Number | ENT-05102020-00004 |