MMAG HOLDINGS BERHAD - ICPS A 2017/2022
KLSE (MYR): MMAG-PA (0034PA)
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0 Million
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2024-11-15
377.45%News and Blogs
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Company Profile
Sector: TECHNOLOGY
Sector: TECHNOLOGY
Subsector: DIGITAL SERVICES
Subsector: DIGITAL SERVICES
Description:
MMAG HOLDINGS BERHAD ("MMAG" OR THE "COMPANY") Issuance of 607,336,618 new irredeemable convertible preference shares in MMAG ("ICPS") to the entitled shareholders of MMAG pursuant to the renounceable rights issue of 607,336,618 ICPS on the basis of 2 ICPS for every 1 existing ordinary share in MMAG ("MMAG Share" or "Share") held as at 5.00 p.m. on 3 November 2017 at an issue price of RM0.05 per ICPS ("Rights Issue of ICPS")
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Remarks :
At any time during the exercise period indicated above,
(i) every 1 ICPS and cash payment of RM0.15 can be converted into 1 new MMAG Share, or
(ii) every 4 ICPS, without any cash, can be converted into 1 new MMAG Share.
This announcement is dated 30 November 2017.
2020-12-08 00:19
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Mmag transformation in 2018, Mmag-PA will benefits tremendously.
2018-01-03 22:56