SCIENTX-CK

0.165

(%)

Listing Information & Profile

Listing Information & Profile for Structured Warrants

Amended Announcements
Please refer to the earlier announcement reference number: LIP-05102020-00041

SCIENTX-CK: CW SCIENTEX BERHAD (RHB)

Instrument Category Structured Warrants
Instrument Type CALL WARRANTS
Description
NON-COLLATERALISED EUROPEAN-STYLE CASH SETTLED CALL WARRANTS
Underlying Stock SCIENTEX BERHAD
Issuer RHB INVESTMENT BANK BERHAD
Stock Code 4731CK
Stock Short Name SCIENTX-CK
ISIN Code MYL4731CKV85
Board Structured Warrants
Sector INDUSTRIAL PRODUCTS & SERVICES

Initial Listing Information

Listing Date 07 Oct 2020
Term Sheet Date 06 Oct 2020
Issue Date 06 Oct 2020
Issue/ Ask Price Malaysian Ringgit (MYR)   0.1500
Issue Size Indicator Unit
Issue Size in Unit 40,000,000
Maturity Date 26 Aug 2021
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 10.00   Month(s)
Revised Exercise/Conversion Period Not Applicable
Exercise/Strike/Conversion Price Malaysian Ringgit (MYR)   10.8000
Revised Exercise/Strike/Conversion Price Malaysian Ringgit (MYR)   3.6000
Exercise/Conversion Ratio 15:1
Revised Exercise/Conversion Ratio 5.0000:1
Settlement Type/ Convertible into Cash
Name and contact details of market maker (If applicable) RHB Investment Bank Berhad Equity Derivatives Level 3A, Tower 1, RHB Centre, Jalan Tun Razak 50400 Kuala Lumpur Malaysia Telephone no: (603) 9200 2185 Facsimile no: (603) 9280 8967
Circumstances under which the market maker may not be able to provide quotes (If applicable) Please refer to Section 5.3 of the Base Prospectus dated 24 October 2019 and Section 3.5 of the Term Sheet dated 6 October 2020



Remarks :
Please note the Exercise Price and Exercise Ratio will not be adjusted pursuant to Free Warrants as it does not meet the below criteria;

a.	the Free Warrants are theoretically in-the-money as of the last market day on which the Shares are traded on a cum-entitlement basis (i.e. S is larger than R); and 
b.	the adjustment would result in greater than or equal to two percent (2%) of the Exercise Price and Exercise Ratio being changed.

1.	Adjusted Exercise Ratio = [(1 + (R/S) x M) / (1 + M)] x E
2.	Adjusted Exercise Price = [(1 + (R/S) x M) / (1 + M)] x X

Whereby in respect of this Condition 2.1.1(b)(i) and (ii), Part 1 of the Deed Poll dated 22 October 2019:
R: RM4.3000, being the exercise price per Free Warrants
S: RM4.1333, being the last traded price of the Shares on the last market day on which the Shares are traded on a cum-entitlement basis
M: 0.2000, being the number of new Shares (whether a whole or a fraction) per existing Share that a Shareholder would be entitled to receive upon exercise of the Free Warrants
X: RM3.6000, being the adjusted Exercise Price immediately pursuant to the Bonus Issue
E: 5.0000, being the adjusted Exercise Ratio immediately pursuant to the Bonus Issue


Announcement Info

Company Name SCIENTX-CK: CW SCIENTEX BERHAD (RHB)
Stock Name SCIENTX-CK
Date Announced 12 Jan 2021
Category Listing Information and Profile
Reference Number LIP-12012021-00013