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Additional Listing Announcement

BackJun 16, 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 RM116,940 ICULS* to ordinary shares
No. of shares issued under this corporate proposal 389,800
Issue price per share ($$) Malaysian Ringgit (MYR)   0.3000
Par Value($$) (if applicable) Malaysian Ringgit (MYR)  
Latest issued share capital after the above corporate proposal in the following
Units 674,062,132
Issued Share Capital ($$) Malaysian Ringgit (MYR) 202,218,639.600
Listing Date 19 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.

*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: RM76,539,846.15

 


Announcement Info

Company Name ADVANCE SYNERGY BERHAD
Stock Name ASB
Date Announced 16 Jun 2017
Category Additional Listing Announcement
Reference Number ALA-16062017-00009