DIGISTA-WD

0.005

(%)

Listing Information & Profile

Profile for Securities of PLC

DIGISTAR CORPORATION BERHAD

Instrument Category Securities of PLC
Instrument Type Warrants
Description
Bonus issue of 112,831,819 warrants in Digistar Corporation Berhad ("Digistar") ("Warrant(s) D") on the basis of 1 Warrant D for every 4 existing ordinary shares in Digistar held by the shareholders of Digistar at 5.00 p.m. on 3 July 2023
Listing Date 11 Jul 2023
Issue Date 06 Jul 2023
Issue/ Ask Price Not Applicable
Issue Size Indicator Unit
Issue Size in Unit 112,831,819
Maturity Mandatory
Maturity Date 05 Jul 2028
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)   0.0600
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 D carries the entitlement to subscribe for 1 new Digistar Share at the exercise price of RM0.06 and at any time during the exercise period of 5 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 D are subject to the adjustments in accordance with the provisions of the deed poll dated 16 June 2023 constituting the Warrants D. Any Warrants D not exercised during the Exercise Period will thereafter lapse and cease to be valid for any purpose.

This announcement is dated 10 July 2023.


Announcement Info

Company Name DIGISTAR CORPORATION BERHAD
Stock Name DIGISTA-WD
Date Announced 10 Jul 2023
Category Listing Information and Profile
Reference Number LIP-10072023-00001