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NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : BONUS ISSUES COMFORT GLOVES BERHAD ("CGB" OR THE "COMPANY") PROPOSED BONUS ISSUE OF WARRANTS

COMFORT GLOVES BERHAD

Type Announcement
Subject NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
BONUS ISSUES
Description
COMFORT GLOVES BERHAD ("CGB" OR THE "COMPANY")

PROPOSED BONUS ISSUE OF WARRANTS

This announcement is dated 10 June 2021.

 

We refer to the announcements dated 12 April 2021, 13 April 2021, 28 April 2021 and 18 May 2021 in relation to the Bonus Issue of Warrants (“Earlier Announcements”) and the Circular to shareholders dated 3 May 2021 in relation to, amongst others, the Bonus Issue of Warrants (“Circular”). Unless the context otherwise requires, the terms used herein shall carry the same meaning as those defined in the Earlier Announcements and Circular.

 

On behalf of the Board of CGB, AmInvestment Bank is pleased to announce that the exercise price of the Warrants has been fixed at RM2.30 (“Exercise Price”) and the deed poll constituting the Warrants has also been executed today. 

 

The Exercise Price represents a premium of approximately 16.1% to the 5-day volume weighted average market price of CGB Shares up to and including 9 June 2021 of RM1.9806, being the last trading day prior to the announcement of the Entitlement Date.






Announcement Info

Company Name COMFORT GLOVES BERHAD
Stock Name COMFORT
Date Announced 10 Jun 2021
Category General Announcement for PLC
Reference Number GA1-18052021-00033




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