10 ICPS TOGETHER WITH 1 FREE WARRANT B FOR EVERY 5 EXISTING ORDINARY SHARES HELD BY THE ENTITLED SHAREHOLDERS OF FINTEC AT 5.00 P.M. ON 2 NOVEMBER 2017 Initial Listing Information : Listing Date : 11/12/2017 Issue Date : 05/12/2017 Issue / Ask Price : Malaysian Ringgit (MYR) 0.0800 Issue Size in Unit : 899,284,472.0000 Maturity Date : 04/12/2027 Revised Maturity Date : Name of Guarantor: Not Applicable Name of Trustee: Not Applicable Coupon/Profit/Interest/Payment Rate: Not Applicable Coupon/Profit/Interest/Payment Frequency: Not Applicable Redemption: Not Applicable Exercise/Conversion Period : 10.00 Year(s) Revised Exercise/Conversion Period : Not Applicable Exercise/ Strike/ Conversion Price : Malaysian Ringgit (MYR) 0.1600 Revised Exercise/ Strike/ Conversion Price : Exercise/ Conversion Ratio : 2:1 Revised Exercise/ Conversion Ratio : Mode of Satisfaction of Exercise/Conversion Price : Tendering of securities Settlement Type/ Convertible into : Physical (Shares) Remarks : The ICPS may be converted into new fully-paid Shares at the Conversion Price in the following manner:-(i) by surrendering 2 ICPS (which are issued at an issue price of RM0.08 each) without additional cash payment to arrive at the Conversion Price of RM0.16 for 1 new Share; or(ii) by surrendering 1 ICPS (which is issued at an issue price of RM0.08 each) with additional cash payment of RM0.08 to arrive at the Conversion Price of RM0.16 for 1 new Share.Premised on the terms of the ICPS, subject to adjustments, the ICPS can be converted into new Fintec Shares on any market day commencing on and including the issue date of the ICPS up to and including the maturity date. Any ICPS that are not converted would be mandatorily converted into new Fintec Shares on the maturity date.If the conversion results in a fractional entitlement to Fintec Shares, such fractional entitlement shall be disregarded and no refund or credit, whether in the form of the ICPS, cash or otherwise, shall be given in respect of the disregarded fractional entitlement.If the maturity date of the ICPS falls on a non-market day, then it will fall on the preceding market day.This announcement is dated 8 December 2017. 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 |
08/12/2017 07:00 AM |
Fintec PA oh Fintec PA
Is it a good buy or Good BYE?? Old name: ASIA BIO