Listing Information and Profile

09/08/2019

Profile for Securities of PLC

TA WIN HOLDINGS BERHAD

Instrument Category Securities of PLC
Instrument Type Warrants
Description
ISSUANCE OF FREE DETACHABLE WARRANTS IN TA WIN HOLDINGS BERHAD ("TA WIN") ("WARRANTS") PURSUANT TO THE RENOUNCEABLE RIGHTS ISSUE OF 238,841,790 ORDINARY SHARES IN TA WIN ("TA WIN SHARES" OR "SHARES") ("RIGHTS SHARES") AND 477,683,580 IRREDEEMABLE CONVERTIBLE PREFERENCE SHARES IN TA WIN ("ICPS") TOGETHER WITH 159,227,860 WARRANTS AT THE ISSUE PRICE OF RM0.10 PER RIGHTS SHARE AND RM0.025 PER ICPS ON THE BASIS OF 3 RIGHTS SHARES AND 6 ICPS TOGETHER WITH 2 WARRANTS FOR EVERY 1 EXISTING TA WIN SHARE HELD BY THE ENTITLED SHAREHOLDERS AT 5.00 P.M. ON 12 JULY 2019
Listing Date 13 Aug 2019
Issue Date 08 Aug 2019
Issue/ Ask Price Not Applicable
Issue Size Indicator Unit
Issue Size in Unit 159,227,757
Maturity Mandatory
Maturity Date 05 Aug 2022
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 3.00   Year(s)
Revised Exercise/Conversion Period Not Applicable
Exercise/Strike/Conversion Price Malaysian Ringgit (MYR)   0.2000
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 entitles the Warrant holder to subscribe for 1 new Ta Win Share at any time during the exercise period as indicated above ("Exercise Period") at the exercise price of RM0.20, subject to adjustments in accordance with the provisions of the deed poll dated 17 April 2019. Any Warrants which are not exercised during the Exercise Period will thereafter lapse and cease to be valid for any purpose.

This announcement is dated 9 August 2019.


Announcement Info

Company Name TA WIN HOLDINGS BERHAD
Stock Name TAWIN-WA
Date Announced 09 Aug 2019
Category Listing Information and Profile
Reference Number LIP-02082019-00003


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Date Title
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