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Additional Listing Announcement

BackJul 21, 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 RM186,015 ICULS* to ordinary shares
No. of shares issued under this corporate proposal 620,050
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 676,406,432
Issued Share Capital ($$) Malaysian Ringgit (MYR) 202,921,929.600
Listing Date 24 Jul 2017

 


Remarks :

Arising from the migration to the no par value regime under the Companies Act 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: RM75,836,556.15

 


Announcement Info

Company Name ADVANCE SYNERGY BERHAD
Stock Name ASB
Date Announced 21 Jul 2017
Category Additional Listing Announcement
Reference Number ALA-20072017-00008