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Additional Listing Announcement

BackJun 09, 2017

1. Details of Corporate Proposal


Involve issuance of new type/class of securities ? No
Types of corporate proposal Conversion of Loan Stocks
Details of corporate proposal Conversion of RM240,000 ICULS* to ordinary shares
No. of shares issued under this corporate proposal 800,000
Issue price per share ($$) Malaysian Ringgit (MYR)   0.3000
Par Value($$) (if applicable)   0.000
Latest issued share capital after the above corporate proposal in the following
Units 673,672,332
Issued Share Capital ($$) Malaysian Ringgit (MYR) 0.000
Listing Date 13 Jun 2017

 


Remarks :

Arising from the migration to the no par value regime under the Companies Act 2016 ("CA 2016"), par value is no longer relevant. Pursuant to Section 74 of the CA 2016, the latest share capital and number of issued shares of the Company is represented by 673,672,332 ordinary shares, equivalent to RM202,101,699.60.

*2% 10-Year Irredeemable Convertible Unsecured Loan Stocks at 100% of the nominal value of RM0.15 each issued by the Company.

Total amount of outstanding ICULS after aforesaid conversion: RM76,656,786.15

 


Announcement Info

Company Name ADVANCE SYNERGY BERHAD
Stock Name ASB
Date Announced 09 Jun 2017
Category Additional Listing Announcement
Reference Number ALA-08062017-00020