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Rights With Bonus Issue And Warrants

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Renounceable rights issue of up to 31,908,101 new ordinary shares in HSSEB (“HSSEB Shares”) (“Rights Shares”) on the basis of one (1) Rights Share for every ten (10) HSSEB Shares held at the issue price of RM1.30 per Rights Share together with a bonus issue of up to 15,954,050    new HSSEB Shares (“Bonus Shares”) on the basis of one (1) Bonus Share for every two (2) Rights Shares subscribed and up to 47,862,151 free detachable warrants (“Warrants”) on the basis of three (3) Warrants for every two (2) Rights Shares subscribed (“Rights With Bonus Issue And Warrants”)

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Kindly be advised that HSSEB's:

i)       47,862,151 Warrants  issued pursuant to the Rights with Bonus Issue and Warrants will be admitted  to the Official List of Bursa Securities and the listing and quotation of the Warrants on the Main Market will be granted with effect from 9.00 a.m.,Wednesday, 21 March 2018.

The Stock Short Name, Stock Number and ISIN Code of the Warrants are  "HSSEB-WA", "0185WA" and "MYQ0185WAX36".

ii)      a) 31,908,101 Rights Shares issued pursuant to the aforesaid  Rights with Bonus Issue and Warrants; and

         b) 15,954,050  Bonus Shares  issued  pursuant  to  the aforesaid   Rights with Bonus Issue and Warrants

will be granted listing and quotation with effect from 9.00 a.m., Wednesday, 21 March 2018.

 

 

Announcement Info

Company Name HSS ENGINEERS BERHAD
Stock Name HSSEB
Date Announced 20 Mar 2018
Category Listing Circular
Reference Number ILC-19032018-00007
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