Additional Listing Announcement /Subdivision of Shares
08/06/2021Additional Listing Announcement /Subdivision of Shares
| TA WIN HOLDINGS BERHAD |
1. Details of Corporate Proposal |
|
| Involve issuance of new type/class of securities ? | No |
| Types of corporate proposal | Rights Issue |
| Details of corporate proposal | ADJUSTMENTS TO THE NUMBER OF OUTSTANDING WARRANTS 2019/2022 IN TA WIN HOLDINGS BERHAD ("TA WIN") ("WARRANTS") AS CONSTITUTED BY THE DEED POLL DATED 17 APRIL 2019 AND THE EXERCISE PRICE OF THE WARRANTS PURSUANT TO THE RENOUNCEABLE RIGHTS ISSUE OF UP TO 3,106,101,171 NEW ORDINARY SHARES IN TA WIN ("TA WIN SHARES") ("RIGHTS SHARES") AT AN ISSUE PRICE OF RM0.06 PER RIGHTS SHARE ON THE BASIS OF 3 RIGHTS SHARES FOR EVERY 1 EXISTING TA WIN SHARE HELD BY THE ENTITLED SHAREHOLDERS AT 5.00 P.M. ON 6 MAY 2021 ("RIGHTS ISSUE") ("ADJUSTMENTS") |
| No. of shares issued under this corporate proposal | 144,969,824 |
| Issue price per share ($$) | Malaysian Ringgit (MYR) 0.0000 |
| Par Value($$) (if applicable) | |
Latest issued share capital after the above corporate proposal in the following |
|
| Units | 304,172,581 |
| Issued Share Capital ($$) | Malaysian Ringgit (MYR) 0.000 |
| Listing Date | 09 Jun 2021 |
| Remarks : |
Pursuant to the Rights Issue, the exercise price of the Warrants has been revised from RM0.20 to RM0.10 and an additional 144,969,824 Warrants have been allotted and issued to the entitled Warrant holders whose names appear on the Record of Depositors of Ta Win at 5.00 p.m. on 6 May 2021. The additional Warrants will be listed and quoted on the Main Market of Bursa Malaysia Securities Berhad on 9 June 2021 simultaneously with the Rights Shares. |
Announcement Info
| Company Name | TA WIN HOLDINGS BERHAD |
| Stock Name | TAWIN-WA |
| Date Announced | 08 Jun 2021 |
| Category | Additional Listing Announcement /Subdivision of Shares |
| Reference Number | ALA-08062021-00005 |