MCLEAN-WC

0.320

+0.01 (+3.2%)

Listing Information & Profile

Profile for Securities of PLC

MCLEAN TECHNOLOGIES BERHAD

Instrument Category Securities of PLC
Instrument Type Warrants
Description
FREE ISSUANCE OF 123,106,493 WARRANTS IN MCLEAN TECHNOLOGIES BERHAD ("MCLEAN" OR "COMPANY") ("WARRANTS") ON THE BASIS OF 1 WARRANT FOR EVERY 2 EXISTING ORDINARY SHARES IN MCLEAN ("MCLEAN SHARES" OR "SHARES") HELD BY THE ENTITLED SHAREHOLDERS OF MCLEAN WHOSE NAMES APPEAR IN THE RECORD OF DEPOSITORS OF MCLEAN AS AT 5:00 P.M. ON 28 APRIL 2026 ("FREE WARRANTS ISSUE")
Listing Date 12 May 2026
Issue Date 05 May 2026
Issue/ Ask Price Not Applicable
Issue Size Indicator Unit
Issue Size in Unit 123,106,493
Maturity Mandatory
Maturity Date 02 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 5.00   Year(s)
Revised Exercise/Conversion Period Not Applicable
Exercise/Strike/Conversion Price Malaysian Ringgit (MYR)   0.4800
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 carries the entitlement to subscribe for 1 new MClean Share at the exercise price of RM0.48 each, at any time during the exercise period of 5 years ("Exercise Period"), subject to any adjustment(s) in accordance with the provisions of the deed poll constituting the Warrants dated 8 April 2026. Any Warrant not exercised during the Exercise Period will thereafter lapse and cease to be valid for any purpose.

If the expiry/maturity date of the Warrants falls on a non-market day, then it will fall on the preceding market day.

This announcement is dated 11 May 2026.


Announcement Info

Company Name MCLEAN TECHNOLOGIES BERHAD
Stock Name MCLEAN-WC
Date Announced 11 May 2026
Category Listing Information and Profile
Reference Number LIP-07052026-00001