TOYOVEN-WB

0.005

(%)

Listing Information & Profile

Profile for Securities of PLC

TOYO VENTURES HOLDINGS BERHAD

Instrument Category Securities of PLC
Instrument Type Warrants
Description 
Exchange of all the warrants in Toyo Ink Group Berhad ("TIGB") as at 16 October 2020 ("Entitlement Date") with new warrants in Toyo Ventures Holdings Berhad ("TVHB") on the basis of one (1) TVHB warrant for every one (1) existing TIGB warrant held on Entitlement Date pursuant to the internal reorganisation implemented by TIGB
Listing Date 26 Oct 2020
Issue Date 22 Oct 2020
Issue/ Ask Price Not Applicable
Issue Size Indicator Unit
Issue Size in Unit 53,499,995
Maturity Mandatory
Maturity Date 06 Nov 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)   1.5000
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 : 
For avoidance of doubt, the existing TIGB warrants in issue have an exercise period of 5 years expiring 6 November 2023. In this respect, the exercise period of the TVHB warrants shall also expire on the same date of 6 November 2023.

Announcement Info

Company Name TOYO VENTURES HOLDINGS BERHAD
Stock Name TOYOVEN-WB
Date Announced 23 Oct 2020
Category Listing Information and Profile
Reference Number LIP-23102020-00001


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