SUNWAY - Additional Listing Announcement
Announcement Type: Additional Listing Announcement (ALA)
| Company Name | SUNWAY BERHAD |
| Stock Name | SUNWAY |
| Date Announced | 12 Aug 2013 |
| Category | Additional Listing Announcement (ALA) |
| Reference No | MI-130812-33501 |
1. Details of Corporate Proposal | |
| Whether the corporate proposal involves the issuance of new type and new class of securities? | No |
| Types of corporate proposal | Rights Issue |
| Details of corporate proposal | RENOUNCEABLE RIGHTS ISSUE OF UP TO 568,702,201 NEW ORDINARY SHARES OF RM1.00 EACH IN SUNWAY (“RIGHTS SHARES”) AT AN ISSUE PRICE OF RM1.70 ON THE BASIS OF ONE RIGHTS SHARE FOR EVERY THREE EXISTING ORDINARY SHARES OF RM1.00 EACH IN SUNWAY (“SUNWAY SHARES”) HELD BY SHAREHOLDERS OF SUNWAY AS AT 5.00 P.M. ON 15 JULY 2013 (“RIGHTS ISSUE”) |
| No. of shares issued under this corporate proposal | 430,868,877 |
| Issue price per share ($$) | MYR 1.700 |
| Par Value ($$) | MYR 1.000 |
Latest issued and paid up share capital after the above corporate proposal in the following | |
| Units | 1,723,489,001 |
| Currency | MYR 1,723,489,001.000 |
| Listing Date | 13/08/2013 |
2. Details of Corporate Proposal | |
| Whether the corporate proposal involves the issuance of new type and new class of securities? | No |
| Types of corporate proposal | Rights Issue |
| Details of corporate proposal | ADJUSTMENTS TO THE EXERCISE PRICE AND THE NUMBER OF OUTSTANDING WARRANTS 2011/2016 OF SUNWAY BERHAD (“SUNWAY WARRANTS”) IN ACCORDANCE WITH THE DEED POLL DATED 28 JUNE 2011 GOVERNING THE SUNWAY WARRANTS (“DEED POLL”) PURSUANT TO THE RIGHTS ISSUE |
| No. of shares issued under this corporate proposal | 31,232,424 |
| Issue price per share ($$) | MYR 0.000 |
| Par Value ($$) | MYR 0.000 |
Latest issued and paid up share capital after the above corporate proposal in the following | |
| Units | 289,618,304 |
| Currency | MYR 0.000 |
| Listing Date | 13/08/2013 |
| Remarks : |
| We refer to the previous announcements made in relation to the Rights Issue (“Announcements”). Unless otherwise defined, the definitions set out in the Announcements shall apply herein. On behalf of the Board, RHB Investment Bank wishes to announce that 430,868,877 Rights Shares and 31,232,424 additional Sunway Warrants pursuant to the Adjustments will be listed and quoted on the Main Market of Bursa Securities on 13 August 2013. This announcement is dated 12 August 2013. |
SUNWAY-WA - Profile for Warrants
Announcement Type: Listing Information & Profile
| Company Name | SUNWAY BERHAD |
| Stock Name | SUNWAY-WA |
| Date Announced | 12 Aug 2013 |
| Category | Listing Information & Profile |
| Reference No | MI-130812-32983 |
| Instrument Type | Warrants |
| Description | Additional warrants issued pursuant to a rights issue exercise |
| Listing Date | 23/08/2011 |
| Issue Date | 18/08/2011 |
| Issue/ Ask Price | MYR 0.0000 |
| Issue Size Indicator | Unit |
| Issue Size in Unit | 289,733,424 |
| Maturity Date | 17/08/2016 |
| Revised Maturity Date | |
| Exercise/ Conversion Period | 5.00Year(s) |
| Revised Exercise/ Conversion Period |  |
| Exercise/Strike/Conversion Price | MYR 2.8000 |
| Revised Exercise/Strike/Conversion Price | MYR 2.5000 |
| Exercise/ Conversion Ratio | 1 : 1 |
| Revised Exercise/ Conversion Ratio | |
| Mode of satisfaction of Exercise/ Conversion price | Cash |
| Settlement Type/ Convertible into | Physical (Shares) |
| Remarks : |
| All abbreviations used herein shall have the same meaning as those defined in the “Definitions” page of the abridged prospectus dated 15 July 2013 (“AP”) issued to shareholders, unless stated otherwise. Pursuant to the Rights Issue, the exercise price of the outstanding Sunway Warrants was revised from RM2.80 to RM2.50 while an additional 31,232,424 Sunway Warrants will be listed and quoted simultaneously with the Rights Shares on 13 August 2013. The said adjustment to the exercise price and the number of outstanding Sunway Warrants (“Adjustments”) took effect from 16 July 2013, being the next Market Day following the Entitlement Date, in accordance with Condition 5.1.4 of the Third Schedule of the Deed Poll. The notice to Warrantholders dated 23 July 2013 containing the details of the Adjustments has been despatched to the Warrantholders. This announcement is dated 12 August 2013. |
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