CWG-WA

0.010

(%)

Listing Information & Profile

Profile for Securities of PLC

CWG HOLDINGS BERHAD

Instrument Category Securities of PLC
Instrument Type Warrants
Description 
Bonus issue of 81,826,910 warrants in CWG Holdings Berhad ("CWG" or the "Company") ("Warrant(s)") on the basis of 1 Warrant for every 2 existing ordinary shares in CWG ("CWG Share(s)" or "Share(s)") held by entitled shareholders of the Company at 5.00 p.m. on 28 February 2022
Listing Date 10 Mar 2022
Issue Date 03 Mar 2022
Issue/ Ask Price Not Applicable
Issue Size Indicator Unit
Issue Size in Unit 81,826,910
Maturity Mandatory
Maturity Date 02 Mar 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 5.00   Year(s)
Revised Exercise/Conversion Period  
Exercise/Strike/Conversion Price Malaysian Ringgit (MYR)   0.3600
Revised Exercise/Strike/Conversion Price  
Exercise/Conversion Ratio 1:1
Revised Exercise/Conversion Ratio
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 CWG Share at the exercise price of RM0.36 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 maturity 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 14 February 2022 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 9 March 2022.

Announcement Info

Company Name CWG HOLDINGS BERHAD
Stock Name CWG-WA
Date Announced 09 Mar 2022
Category Listing Information and Profile
Reference Number LIP-09032022-00002


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