News

I) Private Placement With Warrants; And II) Rights Issue With Warrants

i)   Private placement of 79,579,740 Placement  Shares to Dr. Abu Hasan Bin Ismail pursuant to the Subscription Agreement at an issue price of RM0.350 per Placement Share together with 79,579,740 Warrants on the basis of 1 Warrant for every 1 Placement Share issued ("Private Placement with Warrants"); and

ii)   Rights issue of up to 176,843,866 new Shares ("Rights Share(s)") at an issue price of RM0.200 per Rights Share, on the basis of 1 Rights Share for every 3 existing Shares held, together with up to 176,843,866 Warrants on the basis of 1 Warrant for every 1 Rights Share subscribed for, on an entitlement date to be determined and announced later ("Rights Issue with Warrants").

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 Kindly be advised that:

i)       PRESBHD’s 256,421,867 Warrants  issued as follows:

a)      79,579,740 Warrants issued pursuant to the Private Placement with Warrants, and

b)      176,842,127 Warrants issued pursuant to the Rights Issue with Warrants

will be admitted  to the Official List of Bursa Securities and the listing and quotation of the Warrants on the Main Market will be granted with effect from 9.00 a.m., Monday, 30 November 2020.

The Stock Short Name, Stock Number and ISIN Code of the Warrants are  "PRESBHD-WA", "5204WA" and "MYL5204WAZB7".

ii)      PRESBHD’S 256,421,867 new Shares issued as follows:

a)      79,579,740 Placement Shares issued pursuant to the Private Placement with Warrants, and

b)     176,842,127 new Shares issued pursuant to the Rights Issue with Warrants.

will be granted listing and quotation with effect from 9.00 a.m.,Monday, 30 November 2020.

Announcement Info