| Listing Date |
14 Sep 2015 |
| Issue Date |
08 Sep 2015 |
| Issue/ Ask Price |
Malaysian Ringgit (MYR)
0.2500
|
| Issue Size Indicator |
Unit |
| Issue Size in Unit |
1,100,000,000 |
| Maturity |
Mandatory
|
| Maturity Date |
07 Sep 2020
|
| Revised Maturity Date |
|
| Name of Guarantor |
Not Applicable
|
| Name of Trustee |
Not Applicable
|
| Coupon/Profit/Interest/Payment Rate |
THHE shall (at its discretion and subject to the availability of distributable profits) pay out a targeted aggregate dividend rate of 20% calculated based on the nominal value of the ICPS-i, which shall be payable throughout the tenure of the ICPS-i (Year 1: 3.0%; Year 2: 3.5%; Year 3: 4.0%; Year 4: 4.5%; Year 5: 5.0%).
|
| Coupon/Profit/Interest/Payment Frequency |
The dividends, if declared, shall be payable annually in arrears, subject to availability of distributable profits. Although annual payments are anticipated as above, THHE may defer, in part or in whole, such payments subject to availability of distributable profits ("Deferred Dividends"). For the avoidance of doubt, THHE is not obliged to pay any dividends or Deferred Dividends, as the case may be, in the event it has insufficient distributable profits.
Each ICPS-i will cease to receive dividends from and including the date the ICPS-i is converted into new THHE Shares save for dividends declared and unpaid up to the date the notice is received by THHE for the ICPS-i holder to convert the ICPS-i into THHE Shares.
|
| Redemption |
Not Applicable
|
| Exercise/Conversion Period |
5.00
Year(s)
|
| Revised Exercise/Conversion Period |
Not Applicable
|
| Exercise/Strike/Conversion Price |
Malaysian Ringgit (MYR)
0.2500
|
| 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 |
Tendering of securities |
| Settlement Type/ Convertible into |
Physical (Shares) |