MINOX-WA

0.025

(%)

Listing Information & Profile

Profile for Securities of PLC

MINOX INTERNATIONAL GROUP BERHAD

Instrument Category Securities of PLC
Instrument Type Warrants
Description
MINOX INTERNATIONAL GROUP BERHAD ("MINOX" OR "COMPANY")

BONUS ISSUE OF 179,999,991 FREE WARRANTS ON THE BASIS OF 1 WARRANT FOR EVERY 2 EXISTING MINOX SHARES HELD BY THE ENTITLED SHAREHOLDERS OF MINOX (“BONUS ISSUE OF WARRANTS”)
Listing Date 14 Feb 2025
Issue Date 07 Feb 2025
Issue/ Ask Price Not Applicable
Issue Size Indicator Unit
Issue Size in Unit 179,999,991
Maturity Mandatory
Maturity Date 06 Feb 2030
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)   0.2800
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 carries the entitlement to subscribe for 1 new Minox Share at any time during the exercise period as indicated above ("Exercise Period") at the exercise price of RM0.28, subject to the adjustments in accordance with the provisions of the deed poll constituting the Warrants as executed by the Company. Any Warrants which are not exercised during the Exercise Period will thereafter lapse and cease to be valid and shall be cancelled and treated to have been cancelled forthwith. 

This announcement is dated 12 February 2025.


Announcement Info

Company Name MINOX INTERNATIONAL GROUP BERHAD
Stock Name MINOX-WA
Date Announced 12 Feb 2025
Category Listing Information and Profile
Reference Number LIP-12022025-00001