Posted by bignate2019 > 2020-05-20 09:52 | Report Abuse

For those interested in warrant

5255WA ICON-WA ICON OFFSHORE BERHAD - WARRANTS A 2020/2
Profile for Securities of PLC
Instrument Category : Securities of PLC
Instrument Type : Warrants
Description : Issuance of free detachable warrants in Icon Offshore Berhad
("Icon") ("Warrants") pursuant to the Rights Issue with Warrants, Issuance to
the Financiers and Issuance to the Creditor (as defined below)
Initial Listing Information :
Listing Date : 18/02/2020
Issue Date : 14/02/2020
Issue / Ask Price : Not Applicable
Issue Size in Unit : 654,515,210.0000
Maturity Date : 13/02/2028
Revised Maturity Date :
Name of Guarantor:
Name of Trustee:
Coupon/Profit/Interest/Payment Rate:
Coupon/Profit/Interest/Payment Frequency:
Redemption:
Exercise/Conversion Period : 8.00 Year(s)
Revised Exercise/Conversion Period : 0.00
Exercise/ Strike/ Conversion Price : Malaysian Ringgit (MYR) 0.1650
Revised Exercise/ Strike/ Conversion Price : Malaysian Ringgit (MYR) 0.0000
Exercise/ Conversion Ratio : 1:1
Revised Exercise/ Conversion Ratio :
Mode of Satisfaction of Exercise/Conversion Price : Cash
Settlement Type/ Convertible into : Physical (Shares)
Remarks : The Warrants are issued to the entitled shareholders of Icon pursuant
to the:-(i) renounceable rights issue of 2,354,363,900 new ordinary shares in
Icon ("Icon Share(s)") ("Rights Shares") together with 588,590,975 new Warrants
on the basis of 100 Rights Shares for every 1 Icon Share held after the share
consolidation as at 5.00 p.m. on 23 January 2020 and 1 Warrant for every 4
Rights Shares subscribed for by our entitled shareholders, at an issue price of
RM0.105 per Rights Shares ("Rights Issue with Warrants");(ii) issuance and
allotment of 262,059,095 new Icon Shares together with 65,514,768 Warrants to
relevant financiers of Icon and its subsidiaries in order to settle
approximately RM27.52 million in debt ("Issuance to the Financiers");
and(iii) issuance and allotment of 1,637,869 new Icon Shares together with
409,467 Warrants to Sage 3 Sdn Bhd to settle an amount due of RM171,976.29
("Issuance to the Creditor").Each Warrant carries the entitlement to subscribe
for 1 new Icon Share at the exercise price of RM0.165 and at any time during
the exercise period of 8 years as indicated above ("Exercise Period")
commencing from and including the issue date of the Warrants and ending at 5.00
p.m. on the maturity date (provided that if such a date is not a market day,
then it shall be the market day immediately preceding the said non-market day).
The Warrants are subject to adjustments in accordance with the provisions and
conditions of the deed poll dated 9 January 2020 constituting the Warrants. Any
Warrants not exercised during the Exercise Period will thereafter lapse and
cease to be valid for any purpose.This announcement is dated 17 February 2020.
You are advised to read the entire contents of the announcement or attachment.
To read the entire contents of the announcement or attachment, please access
the Bursa website at http://www.bursamalaysia.com

17/02/2020 07:00 AM


Ref Code: 202002173000057

Posted by newkid > 2020-05-30 15:02 | Report Abuse

After 2 weeks meditation, Monday will b back to dance with market again !! I foresee crude shall recover by year end, therefore will start giant collection on icon son because less scripts, very easy to goreng !!!! hohoho

Posted by newkid > 2020-06-01 10:39 | Report Abuse

it will not go below 7 sen!!!! I plan to collect 8 million shares @7 sen or below Hohohoho

Posted by Muhammad Jamaluddin > 2020-06-01 14:26 | Report Abuse

So newkid you so confident at this 0.07 to enter.... Queing at this point too.. TQ

Posted by fogjan01 > 2020-06-01 15:58 | Report Abuse

Hee go up 0.085 now..

Posted by fogjan01 > 2020-06-01 15:59 | Report Abuse

Next soon 0.09

Posted by fogjan01 > 2020-06-01 17:02 | Report Abuse

My portfolio 641000 unit

Posted by Rosli Mohamad > 2020-06-01 18:59 | Report Abuse

hello

Posted by fogjan01 > 2020-06-01 19:29 | Report Abuse

Net profit..

Posted by fogjan01 > 2020-06-02 07:06 | Report Abuse

Aidilfitri mulia..

Posted by asrul1234 > 2020-06-02 08:42 | Report Abuse

monitor

Posted by newkid > 2020-06-02 10:16 | Report Abuse

sold all 3m bought 7.5 yesterday hohohoho, during MCO very easy cari makan !!! everyday also make good profit because penny stocks make 1 sen sudah lari kuat kuat !!! less than rm1 share 2 sen profits cukup !!!!

Posted by fogjan01 > 2020-06-02 10:26 | Report Abuse

Penny stocks come on, lari kuat, nafas pun pjg. Naik 1sen sdh cukup kuat..

Posted by fogjan01 > 2020-06-03 14:17 | Report Abuse

Wah..icon became profit this year..good luck..

Posted by ronnie1010 > 2020-06-03 21:59 | Report Abuse

how icon wa tomorow

Posted by mf > 2020-06-15 18:38 | Report Abuse

Oil drops as new coronavirus outbreaks raise fuel demand concerns

Posted by Beast3 > 2020-06-25 11:44 | Report Abuse

Target price 125 possible for long term?

Posted by Beast3 > 2020-06-26 21:55 | Report Abuse

https://www.theedgemarkets.com/article/oil-prices-advance-growing-fuel-demand-even-us-coronavirus-cases-jump

Posted by HRI1919 > 2020-08-27 19:34 | Report Abuse

tmr up?

Posted by su1801 > 2020-08-27 19:37 | Report Abuse

nice Qr report.....hopefully fly tomorrow...

Posted by HRI1919 > 2020-08-28 08:36 | Report Abuse

yaya.hope can limit up

Posted by warlord88 > 2021-01-05 15:54 | Report Abuse

how this uptren?