FREE DETACHABLE WARRANTS IN EASTLAND ("WARRANTS") ON THE BASIS OF 13 WARRANTS FOR EVERY 19 RIGHTS SHARES SUBSCRIBED FOR AT AN ISSUE PRICE OF RM0.07 PER RIGHTS SHARE
As per abovementioned free Warrants.... any sifu can share us what is the details for the warrants... i mean the :
Maturity Date , Exercise Price, Conversion Ratio...???
RENOUNCEABLE RIGHTS ISSUE OF UP TO 1,144,250,677 NEW ORDINARY SHARES IN EASTLAND EQUITY BHD. ("EASTLAND") ("EASTLAND SHARES" OR "SHARES") ("RIGHTS SHARES") ON THE BASIS OF 19 RIGHTS SHARES FOR EVERY 7 EXISTING EASTLAND SHARES HELD AS AT 5.00 P.M. ON MONDAY, 17 JANUARY 2022, TOGETHER WITH UP TO 782,908,357 FREE DETACHABLE WARRANTS IN EASTLAND ("WARRANTS") ON THE BASIS OF 13 WARRANTS FOR EVERY 19 RIGHTS SHARES SUBSCRIBED FOR AT AN ISSUE PRICE OF RM0.07 PER RIGHTS SHARE
Ex-Date 14 Jan 2022 (COMPLETED) Ex-date price = 0.08
Date for commencement of trading of rights 19 Jan 2022 (COMPLETED) Date for cessation of trading of rights 26 Jan 2022 (COMPLETED) OR price = 0.005
Acceptance and Payment 04 Feb 2022 05:00 PM (COMPLETED) Excess share application and payment 04 Feb 2022 05:00 PM Stock price= 0.08
Date for announcement of final subscription result and basis of allotment of excess Rights Securities 10 Feb 2022 (COMPLETED)
========================
Next important date :
Available/Listing Date 18 Feb 2022
Ratio (New : Existing) 19.0000 : 7.0000 Rights Issue / Offer Price Malaysian Ringgit (MYR) 0.0700
==================
Final subscription result and basis of allotment of excess Rights Securities :-
Total valid acceptances 909,799,343 79.51
Total valid Excess Applications 485,207,250 42.40
Total valid acceptances and Excess Applications 1,395,006,593 121.91
Total number of Rights Shares available for subscription 1,144,250,677 100.00
EASTLND - RENOUNCEABLE RIGHTS ISSUE OF 1,144,241,731 NEW ORDINARY SHARES IN THE COMPANY ("SHARE(S) OR RIGHTS SHARES") ON THE BASIS OF 19 RIGHTS SHARES FOR EVERY 7 EXISTING EASTLND SHARES HELD TOGETHER WITH 782,901,982 FREE WARRANTS 2022/2032 ("WARRANTS B") IN EASTLND ON THE BASIS OF 13 WARRANTS B FOR EVERY 19 RIGHTS SHARES SUBSCRIBED FOR AT AN ISSUE PRICE OF RM0.07 PER RIGHTS SHARE ("RIGHTS ISSUE WITH WARRANTS")
Kindly be advised that additional 1,144,241,731 new EASTLND Shares issued pursuant to the Rights Issue with Warrants will be granted listing and quotation with effect from 9.00 a.m., Friday, 18 February 2022.
Kindly also be advised that EASTLND’s 782,901,982 Warrants B issued pursuant to the Rights Issue with Warrants will be admitted to the Official List of the Exchange and the listing and quotation of the Warrants B on the Main Market under the "Consumer Products & Services" sector, will be granted with effect from 9.00 a.m., Friday, 18 February 2022.
The Stock Number, Stock Short Name and ISIN Code of the Warrants B are "2097WB", "EASTLND-WB" and "MYL2097WB227" respectively.
DIRECTORS SHAREHOLDINGS AFTER COMPLETION OF RIGHTS ISSUE
1. Particulars of Director Name DATO' LEE WAI MUN Name of registered holder Leading Ventures Sdn. Bhd. Subscription of Rights Issue with Warrants on the basis of 19 Rights Shares for every 7 existing Ordinary Shares held. Indirect/deemed interest (units) 243,942,563 Indirect/deemed interest (%) 15.579 Date of notice 16/02/2022
======================== 2. Particulars of Director Name DATO' LEE WAI MUN Name of registered holder Leading Ventures Sdn. Bhd. Subscription of Rights Issue with Warrants on the basis of 19 Rights Shares for every 7 existing Indirect/deemed interest (units) 243,942,563 Indirect/deemed interest (%) 15.579 Date of notice 16/02/2022
======================== 3. Particulars of Director Name MR LEE CHEE KIANG Subscription of Rights Issue with Warrants on the basis of 19 Rights Shares for every 7 existing Ordinary Shares held. Direct (units) 93,736,800 Direct (%) 5.986 Date of notice 16/02/2022
Nothing much. All proposals had been approved. Now, Mbright is diversified into manufacturing, trading and supply of buidling materials as well as providing transportation services and equipment rental for concrete business
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
goodtime
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Posted by goodtime > 2022-01-20 22:26 | Report Abuse
FREE DETACHABLE WARRANTS IN EASTLAND ("WARRANTS") ON THE BASIS OF 13 WARRANTS FOR EVERY 19 RIGHTS SHARES SUBSCRIBED FOR AT AN ISSUE PRICE OF RM0.07 PER RIGHTS SHARE
As per abovementioned free Warrants.... any sifu can share us what is the details for the warrants... i mean the :
Maturity Date , Exercise Price, Conversion Ratio...???