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BURSA ANNOUNCEMENTS
Additional Listing Announcement /Subdivision of Shares
1. Details of Corporate Proposal | |
| Involve issuance of new type/class of securities ? | No |
| Types of corporate proposal | Conversion of Preference Shares |
| Details of corporate proposal | Mandatory Conversion Upon The Maturity of Irredeemable Convertible Preference Shares ("ICPS") into Ordinary Shares |
| No. of shares issued under this corporate proposal | 116,741,417 |
| Issue price per share ($$) | Malaysian Ringgit (MYR) 0.8000 |
| Par Value($$) (if applicable) | Malaysian Ringgit (MYR) |
Latest issued share capital after the above corporate proposal in the following | |
| Units | 368,205,048 |
| Issued Share Capital ($$) | Malaysian Ringgit (MYR) 325,976,378.680 |
| Listing Date | 07 Dec 2022 |
Remarks:
A total of 116,741,417 ordinary shares in the capital of the Company ("ATTA Share") were allotted pursuant to the mandatory conversion of 1,167,414,520 Irredeemable Convertible Preference Shares ("ICPS") on its maturity date on 25 November 2022 by surrending ten (10) ICPS for one (1) new ATTA Share.
If any conversion results in a fractional entitlement to a New Shares, such fractional entitlement shall be disregarded and no refund or credit, whether in the form of ICPS, cash or otherwise, will be given in respect of the disregarded fractional entitlement.
This announcement is dated 6 December 2022.
ANNOUNCEMENT INFO
| Reference No | ALA-23112022-00014 |
| Company Name: | MAYU GLOBAL GROUP BERHAD |
| Stock Name: | MAYU |
| Date Announces: | 06 Dec 2022 |
| Category: | Additional Listing Announcement /Subdivision of Shares |
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