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OTHERS PRICEWORTH INTERNATIONAL BERHAD ("PWI" OR THE "COMPANY") PROPOSED VARIATION TO THE MINIMUM CONVERSION PRICE OF THE REDEEMABLE CONVERTIBLE NOTES ("PROPOSED VARIATION")

PRICEWORTH INTERNATIONAL BERHAD

Type Announcement
Subject OTHERS
Description
PRICEWORTH INTERNATIONAL BERHAD ("PWI" OR THE "COMPANY")

PROPOSED VARIATION TO THE MINIMUM CONVERSION PRICE OF THE REDEEMABLE CONVERTIBLE NOTES ("PROPOSED VARIATION")

(We refer to the circular to shareholders of the Company dated 30 July 2021 in relation to the issuance of redeemable convertible notes (“Notes”) with an aggregate principal amount of up to RM100 million (“Notes Issue”) under a redeemable convertible notes programme (“Previous Circular”). Unless otherwise defined, the definitions set out in the Previous Circular shall apply herein.) 

 

On behalf of the Board, Kenanga IB wishes to announce that the Company had on 6 December 2021 entered into a letter of understanding with the Subscribers to revise the MCP in relation to the Notes Issue. 

 

Please refer to the attachment for further details on the Proposed Variation. 

 

This announcement is dated 6 December 2021. 




Please refer attachment below.



Announcement Info

Company Name PRICEWORTH INTERNATIONAL BERHAD
Stock Name PWORTH
Date Announced 06 Dec 2021
Category General Announcement for PLC
Reference Number GA1-06122021-00007




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