OPTIMAX-WA

0.025

-0.005 (-16.7%)

Listing Information & Profile

Profile for Securities of PLC

OPTIMAX HOLDINGS BERHAD

Instrument Category Securities of PLC
Instrument Type Warrants
Description
BONUS ISSUE OF UP TO 67,500,000 WARRANTS IN THE COMPANY ("WARRANT(S)") ON THE BASIS OF ONE (1) WARRANT FOR EVERY FOUR (4) EXISTING ORDINARY SHARES IN OPTIMAX HELD BY ENTITLED SHAREHOLDERS OF THE COMPANY AT 5.00 PM ON 28 DECEMBER 2021 ("BONUS ISSUE OF WARRANTS")
Listing Date 06 Jan 2022
Issue Date 30 Dec 2021
Issue/ Ask Price Not Applicable
Issue Size Indicator Unit
Issue Size in Unit 67,499,994
Maturity Mandatory
Maturity Date 29 Dec 2026
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)   1.2000
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 carries the entitlement to subscribe for 1 new Optimax Share subject to any adjustments in accordance with the terms and conditions of the deed poll dated 10 December 2021. The Warrants may be exercised at any time during the exercise period as indicated above (Exercise Period). Any Warrants which have not been exercised during the Exercise Period will lapse and cease to be valid for any purpose.

If the maturity date of the Warrants falls on a non-market day, then it shall be deemed to fall on the market day preceding the said non-market day.

This announcement is dated 5 January 2022.


Announcement Info

Company Name OPTIMAX HOLDINGS BERHAD
Stock Name OPTIMAX-WA
Date Announced 05 Jan 2022
Category Listing Information and Profile
Reference Number LIP-05012022-00001