HOMERIZ-WC

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Listing Information & Profile

Profile for Securities of PLC

HOMERITZ CORPORATION BERHAD

Instrument Category Securities of PLC
Instrument Type Warrants
Description 
Issue of 82,274,350 free warrants in Homeritz Corporation Berhad ("Homeritz") ("Warrants C") on the basis of 1 Warrant C for every 4 existing ordinary shares held in Homeritz ("Homeritz Shares") at 5.00 p.m. on 15 December 2020
Listing Date 22 Dec 2020
Issue Date 17 Dec 2020
Issue/ Ask Price Not Applicable
Issue Size Indicator Unit
Issue Size in Unit 82,274,350
Maturity Mandatory
Maturity Date 16 Dec 2023
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)   0.6000
Revised Exercise/Strike/Conversion Price Not Applicable
Exercise/Conversion Ratio 1:4
Revised Exercise/Conversion Ratio Not Applicable
Mode of satisfaction of Exercise/ Conversion price Cash
Settlement Type/ Convertible into Physical (Shares)



Remarks : 
Each Warrant C entitles the Warrant C holders to subscribe for 1 new Homeritz Share at any time during the Exercise Period at the Exercise Price subject to adjustments in accordance with the provisions of the deed poll dated 1 December 2020 constituting the Warrants C ("Deed Poll"). Any Warrants C not exercised during the Exercise Period will thereafter lapse and cease to be valid.

This announcement is dated 21 December 2020.

Announcement Info

Company Name HOMERITZ CORPORATION BERHAD
Stock Name HOMERIZ-WC
Date Announced 21 Dec 2020
Category Listing Information and Profile
Reference Number LIP-21122020-00001


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