BMGREEN-WA

0.150

(%)

Listing Information & Profile

Profile for Securities of PLC

BM GREENTECH BERHAD

Instrument Category Securities of PLC
Instrument Type Warrants
Description 
Bonus issue of 171,948,590 warrants in BM GreenTech Berhad ("BMG") ("Warrant(s)") on the basis of 1 Warrant for every 4 existing ordinary shares in BMG ("Share(s)") held by the shareholders of BMG at 5.00 p.m. on 6 December 2024
Listing Date 16 Dec 2024
Issue Date 11 Dec 2024
Issue/ Ask Price Not Applicable
Issue Size Indicator Unit
Issue Size in Unit 171,948,590
Maturity Mandatory
Maturity Date 10 Dec 2027
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 3.00   Year(s)
Revised Exercise/Conversion Period Not Applicable
Exercise/Strike/Conversion Price Malaysian Ringgit (MYR)   1.8800
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 BMG Share at the exercise price of RM1.88 and at any time during the exercise period of 3 years as indicated above ("Exercise Period") commencing from and including the issue date and ending at 5.00 p.m. on the expiry date (provided that if such a day is not a market day, then it shall be the market day immediately preceding the said non-market day). The Warrants are subject to the adjustments in accordance with the provisions of the deed poll dated 22 November 2024 constituting the Warrants. Any Warrants not exercised during the Exercise Period will thereafter lapse and cease to be valid for any purpose.

This announcement is dated 13 December 2024.

Announcement Info

Company Name BM GREENTECH BERHAD
Stock Name BMGREEN-WA
Date Announced 13 Dec 2024
Category Listing Information and Profile
Reference Number LIP-13122024-00001


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