News
Additional Listing Announcement
BackJan 30, 2018
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 RM75,322,731.15 ICULS* to ordinary shares |
| No. of shares issued under this corporate proposal | 251,075,761 |
| Issue price per share ($$) | Malaysian Ringgit (MYR) 0.3000 |
| Par Value($$) (if applicable) | |
Latest issued share capital after the above corporate proposal in the following |
|
| Units | 929,194,943 |
| Issued Share Capital ($$) | Malaysian Ringgit (MYR) 278,758,482.900 |
| Listing Date | 05 Feb 2018 |
| Remarks : |
|
Arising from the migration to the no par value regime under the Companies Act 2016, par value is no longer required. * 2% 10-Year Irredeemable Convertible Unsecured Loan Stocks at 100% of the nominal value of RM0.15 each issued by the Company. The ICULS matured on 26 January 2018 and all outstanding ICULS were compulsorily and automatically converted into fully paid new ordinary shares of the Company. |
Announcement Info
| Company Name | ADVANCE SYNERGY BERHAD |
| Stock Name | ASB |
| Date Announced | 30 Jan 2018 |
| Category | Additional Listing Announcement |
| Reference Number | ALA-30012018-00019 |