KLSE: ITRONIC-WA (9393WA)
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Last Price
0.02
Today's Change
0.00 (0.00%)
Day's Change
0.02 - 0.02
Trading Volume
8,553,100
Type
Company Warrant
Sector
TECHNOLOGY
Listing Date
27-Jan-2023
Maturity Date
14-Jan-2028
Issue Size
202,544,237
Exercise Price
MYR 0.10
Ratio
1:1
Timeline
Prices
Warrant Price
0.02
Exercise Price
0.10
Underlying Stock Price
0.045
Conversion Ratio
1:1
Indicators
Value
Premium
Gearing
2.25
Issuer
INDUSTRONICS BHD
Description
INDUSTRONICS BERHAD ("INDUSTRONICS" OR THE "COMPANY") ISSUANCE OF FREE DETACHABLE WARRANTS IN INDUSTRONICS ("WARRANTS") TO THE ENTITLED SHAREHOLDERS OF INDUSTRONICS PURSUANT TO THE RENOUNCEABLE RIGHTS ISSUE OF 270,058,985 NEW ORDINARY SHARES IN INDUSTRONICS ("SHARES") ("RIGHTS SHARES") ON THE BASIS OF 2 RIGHTS SHARES FOR EVERY 1 EXISTING SHARE HELD AS AT 5.00 P.M. ON 23 DECEMBER 2022 ("ENTITLEMENT DATE"), AT AN ISSUE PRICE OF RM0.08 PER RIGHTS SHARE, TOGETHER WITH 202,544,237 FREE DETACHABLE WARRANTS ("WARRANTS") ON THE BASIS OF 3 WARRANTS FOR EVERY 4 RIGHTS SHARES SUBSCRIBED FOR ("RIGHTS ISSUE")