CITAGLB-WB

0.495

(%)

Listing Information & Profile

Profile for Securities of PLC

WZ SATU BERHAD

Instrument Category Securities of PLC
Instrument Type Warrants
Description
Free detachable warrants in WZ Satu Berhad issued pursuant to the Rights Issue of ICPS with Warrants
Listing Date 10 May 2021
Issue Date 06 May 2021
Issue/ Ask Price Not Applicable
Issue Size Indicator Unit
Issue Size in Unit 63,958,049
Maturity Mandatory
Maturity Date 05 May 2031
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 10.00   Year(s)
Revised Exercise/Conversion Period Not Applicable
Exercise/Strike/Conversion Price Malaysian Ringgit (MYR)   0.1600
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 :
The free detachable Warrants B are issued pursuant to the Rights Issue of ICPS with Warrants.

For the avoidance of doubt, the free detachable Warrants B shall be constituted by the deed poll dated 24 March 2021 ("Deed Poll B").

Subject to the provisions of the Deed Poll B, each Warrant B entitles the registered Warrant B holder to subscribe for 1 new WZ Satu Share at the Exercise Price of RM0.16 each during the Exercise Period.

The Warrants B may be exercised into new Shares on any Market Day commencing on and including the Issue Date of the Warrants B and up to and including the Expiry Date. 

Any remaining Warrants B not exercised by the Expiry Date shall thereafter lapse and cease to be valid.


This announcement is dated 7 May 2021.


Announcement Info

Company Name WZ SATU BERHAD
Stock Name WZSATU-WB
Date Announced 07 May 2021
Category Listing Information and Profile
Reference Number LIP-07052021-00002