Loan Stock - Interest

[SCNWOLF-LA] Coupon Payment on 17-Jul-2024

Announcement Date: 01-Jul-2024
Related Stock:
SCNWOLF-LA
SCANWOLF CORPORATION BERHAD - ICULS 2021/2026
Share Registrar:
SCNWOLF-LA
SCANWOLF CORPORATION BERHAD - ICULS 2021/2026
FY: 30-Jun-2025
Amount

3.0000%

  • Ex Date
    17-Jul-2024
  • Entitlement Date
    18-Jul-2024
Description
Sixth coupon payment of 3.00% per annum (semi-annual basis) (less any applicable Malaysian Tax which is required to be deducted or withheld) for RM0.10 nominal value Irredeemable Convertible Unsecured Loan Stocks ("ICULS").

About SCANWOLF CORPORATION BERHAD - ICULS 2021/2026
IRREDEEMABLE CONVERTIBLE UNSECURED LOAN STOCKS ("ICULS") ISSUED PURSUANT TO THE: (1) RENOUNCEABLE RIGHTS ISSUE OF RM10,497,120 NOMINAL VALUE OF 5-YEAR 3% ICULS AT 100% OF ITS NOMINAL VALUE OF RM0.10 ON THE BASIS OF 2 ICULS FOR EVERY 2 EXISTING ORDINARY SHARES IN SCANWOLF CORPORATION BERHAD ("SCANWOLF") ("SCANWOLF SHARES") HELD AS AT 5.00 P.M. ON 8 JULY 2021, TOGETHER WITH 52,485,600 FREE WARRANTS ("WARRANTS") ON THE BASIS OF 1 WARRANT FOR EVERY 2 ICULS SUBSCRIBED ("RIGHTS ISSUE OF ICULS WITH WARRANTS"); AND (2) SETTLEMENT OF AMOUNT OWING TO CHOONG NAM FATHER & SONS CONSTRUCTION SDN BHD, A CREDITOR OF SCANWOLF DEVELOPMENT SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF SCANWOLF OF RM3,000,000 VIA THE ISSUANCE OF 30,000,000 ICULS BY SCANWOLF ("CREDITOR CAPITALISATION")

How to be entitled
To be entitled for any of the above, you need to purchase the shares one trading day before the ex-Date. You will not be entitled for the above if you purchase the shares on or after the ex-Date.

On ex-Date, the price will be adjusted to reflect the theoretical market price of the stock after the entitlement. You can sell the shares on / after ex-Date and still be entitled to the corporate exercise. The key is to purchase the shares before ex-Date.
How to subscribe
Shareholders that fulfill the requirement above will need to fill in and submit the right subscription form to the share registrar:

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