Rights Issue with WarrantsDebt Restructuring involving Issuance to theFinancie
Rights Issue with WarrantsDebt Restructuring involving Issuance to the Financie
ILC-17022020-00004
i) Renounceable rights issue of new Icon Shares together with free detachable
warrants (?Warrants?) to raise minimum gross proceeds of RM183.00 million and
maximum gross proceeds of up to RM 250.00 million (?Rights Issue with
Warrants?); ii) Issuance and allotment to the Financiers of new Icon shares
(?Financier Shares?) with free detachable warrants (?Financier Warrants?) in
order to settle approximately RM27.52 million in debt (?Issuance to the
Financiers?); and iii) Issuance and allotment to the Creditor of new Icon
Shares(?Creditor Shares?) together with free detachable Warrants (?Creditor
Warrants?) to settle an amount due of RM171,976.29 (?Issuance to the
Creditor?).
________________________________________________________________________________
_ Kindly be advised that: i) ICON?s 654,515,210 Warrants issued as
follows: a) 588,590,975 Warrants issued pursuant to the Rights Issue with
Warrants, and b) 65,924,235 Warrants issued pursuant to the Issuance to
the Financiers and the Issuance to the Creditor 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.,Tuesday, 18
February 2020. The Stock Short Name, Stock Number and ISIN Code of the
Warrants are "ICON-WA", "5255WA" and "MYL5255 WA824". ii) ICON
2,618,060,864 new Shares issued as follows: a) 2,354,363,900 Rights Shares
issued pursuant to the Rights Issue with Warrants, and b) 263,696,964 new
Shares issued pursuant to the Issuance to the Financiers and the Issuance to
the Creditor will be granted listing and quotation with effect from 9.00
a.m.,Tuesday, 18 February 2020.
Vice President, Issuers, Listing
You are advised to read the entire contents of the announcement or attachment.
To read the entire contents of the announcement or attachment, please access
the Bursa website at http://www.bursamalaysia.com

17/02/2020   03:14 PM

Ref Code: 202002175100059

http://www.klsescreener.com/v2/news/view/182291

This quarter making profit

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5216333

for all the taikor here, can I ask what will happen if you decided to take the dividend? if the new DRP price is 7.25, does it means when the new share issued out, the market price of the share will be adjusted to 7.25?

Today no show already

The CEO kena investiage la

http://www.thestar.com.my/Business/Business-News/2015/04/23/Icon-bosses-remanded/?style=biz

http://www.bursamalaysia.com/market/listed-companies/company-announcements/1771485

http://biz.sinchew.com.my/node/103144?tid=6

http://www.theedgemalaysia.com/mobile/article.php?id=305100

http://www.bursamarketplace.com/index.php?ch=35&pg=120&ac=4987&bb=research_article_pdf

http://biz.sinchew.com.my/node/100383?tid=18

Mimilia: Agree. This is not a short term counter. Lets hope for the best. :-)

The rumours started last week. However the price never move. Today finally officially announced. Hopefully next week will see some movements.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/1711505

http://www.bursamalaysia.com/market/listed-companies/company-announcements/1711353

http://www.theedgemalaysia.com/mobile/article.php?id=302088

http://klse.i3investor.com/blogs/kltrader/57420.jsp

http://klse.i3investor.com/servlets/staticfile/244488.jsp

Maybank did support the price

http://www.bursamalaysia.com/market/listed-companies/company-announcements/1686417

Tlbeng: so maybank will basically keep the shares during stabilisation and wait for the time to dispose it?

Tlbeng: maybank bought so much shares, what are they going to do with it? Are they going to return to ICON and get back the amount that they incurred from company later?

Anyone has any idea when the corner stones get the shares during IPO, are they getting at 1.85? or lower?

up 4 sen this morning...not too bad. But don't know how long can sustain!. haha

Man Kit: What is i-RCPS from tgoff?

no need to shout la...cannot hold then cut lost, can hold then keep it for 6-12 months..

This is a damn counter. Never ever touch this counter anymore!

can go in now?

why is the price dropping today?

what is the target price..? continue to hold or sell?

what is the best price to sell?