Listing Information and Profile

05/06/2018

Profile for Securities of PLC

Amended Announcements
Please refer to the earlier announcement reference number: LIP-17022016-00002

TIGER SYNERGY BERHAD

Instrument Category Securities of PLC
Instrument Type Warrants
Description
Tiger Synergy Berhad ("TSB" or the "Company")

Adjustments to the exercise price and the number of outstanding warrants 2016/2021 of the Company constituted by the deed poll dated 31 December 2015 ("Deed Poll 2016/2021") ("Outstanding Warrants 2016/2021") pursuant to the share consolidation of 4 existing ordinary shares in TSB into 1 new ordinary share in TSB at 5.00 P.M. on 5 June 2018 ("Share Consolidation")

1st Further Issue Information

Listing Date 06 Jun 2018
Issue Date 05 Jun 2018
Issue/ Ask Price Not Applicable
Issue Size Indicator Unit
Amount Issued under Further Issue in Unit 0
Enlarge Issue Size in Unit 48,412,493

Initial Listing Information

Listing Date 18 Feb 2016
Issue Date 12 Feb 2016
Issue/ Ask Price Not Applicable
Issue Size Indicator Unit
Issue Size in Unit 193,649,972
Maturity Mandatory
Maturity Date 11 Feb 2021
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)   0.0800
Revised Exercise/Strike/Conversion Price Malaysian Ringgit (MYR)   0.3200
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 Share Consolidation, details of which are set out in the announcement dated 10 January 2018, the exercise price of the Outstanding Warrants 2016/2021 will be revised from RM0.08 to RM0.32 each while 48,412,493 Consolidated Warrants will be listed and quoted on the Main Market of Bursa Malaysia Securities Berhad on 6 June 2018 (collectively referred to as the "Adjustments"). 

Further, in accordance with the provisions of the Deed Poll 2016/2021, the Adjustments takes effect from 6 June 2018, being the next market day following the entitlement date for the Share Consolidation. 

The notice to the holders of the Outstanding Warrants 2016/2021 containing details of the Adjustments will be despatched to the holders of the Outstanding Warrants 2016/2021 in due course.

This announcement is dated 5 June 2018.


Announcement Info

Company Name TIGER SYNERGY BERHAD
Stock Name TIGER-WC
Date Announced 05 Jun 2018
Category Listing Information and Profile
Reference Number LIP-31052018-00002


Related Announcements for TIGER-WC
Date Title
17/02/2016 Profile for Securities of PLC