MMAG HOLDINGS BERHAD - ICPS A 2017/2022
KLSE (MYR): MMAG-PA (0034PA)
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Company warrants are issued by the company and give the holders the right, but not an obligation, to subscribe for new ordinary shares at a specified price during a specified period of time.
Structured warrants are proprietary instruments issued by a third-party issuer, namely an eligible broker or financial institution that give holders the right, but not the obligation, to buy (call warrants) or sell (put warrant) the underlying instrument in the future for a fixed price.
A call warrant is in-the-money when the exercise price is lower than the price of the underlying share.
A put warrant is in-the-money when the underlying share price is lower than the exercise price.
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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