CAB-WB

0.085

-0.005 (-5.6%)

Listing Information & Profile

Profile for Securities of PLC

CAB CAKARAN CORPORATION BERHAD

Instrument Category Securities of PLC
Instrument Type Warrants
Description 
CAB Cakaran Corporation Berhad ("CAB" or the "Company")

Bonus issue of 233,781,206 free warrants in CAB ("Warrant(s)") on the basis of 1 Warrant for every 3 existing ordinary shares in CAB ("CAB Share(s)" or "Share(s)") held by the entitled shareholders of the Company on 29 May 2023
Listing Date 07 Jun 2023
Issue Date 01 Jun 2023
Issue/ Ask Price Not Applicable
Issue Size Indicator Unit
Issue Size in Unit 233,781,206
Maturity Mandatory
Maturity Date 31 May 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  
Exercise/Strike/Conversion Price Malaysian Ringgit (MYR)   0.6300
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 CAB Share at the exercise price of RM0.63 and at any time during the exercise period of 5 years as indicated above ("Exercise Period") subject to the adjustments in accordance with the provisions of the deed poll dated 12 May 2023 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 6 June 2023.

Announcement Info

Company Name CAB CAKARAN CORPORATION BERHAD
Stock Name CAB-WB
Date Announced 06 Jun 2023
Category Listing Information and Profile
Reference Number LIP-06062023-00003


View original announcement