January 29, 2015

Company announcements: GDEX, ASIABIO, SSTEEL, LONBISC, LPI

GDEX - Additional Listing Announcement

Announcement Type: Additional Listing Announcement (ALA)
Company NameGD EXPRESS CARRIER BERHAD  
Stock Name GDEX  
Date Announced29 Jan 2015  
CategoryAdditional Listing Announcement (ALA)
Reference NoCC-150128-3DC90

1. Details of Corporate Proposal

Whether the corporate proposal involves the issuance of new type
and new class of securities?
No
Types of corporate proposalOthers
Details of corporate proposalExercise of Warrants
No. of shares issued under this corporate proposal15,000
Issue price per share ($$)MYR 0.195
Par Value ($$)MYR 0.050
Latest issued and paid up share capital after the above corporate proposal in the following
Units895,775,178
CurrencyMYR 44,788,758.900
Listing Date30/01/2015


ASIABIO - Additional Listing Announcement

Announcement Type: Additional Listing Announcement (ALA)
Company NameASIA BIOENERGY TECHNOLOGIES BERHAD (ACE Market) 
Stock Name ASIABIO  
Date Announced29 Jan 2015  
CategoryAdditional Listing Announcement (ALA)
Reference NoCA-150127-57091

1. Details of Corporate Proposal

Whether the corporate proposal involves the issuance of new type
and new class of securities?
No
Types of corporate proposalOthers
Details of corporate proposalConversion of Warrants
No. of shares issued under this corporate proposal1,400,000
Issue price per share ($$)MYR 0.100
Par Value ($$)MYR 0.100
Latest issued and paid up share capital after the above corporate proposal in the following
Units841,800,000
CurrencyMYR 84,180,000.000
Listing Date30/01/2015


SSTEEL - Profile for Loan Stocks

Announcement Type: Listing Information & Profile
Company NameSOUTHERN STEEL BERHAD  
Stock Name SSTEEL-LB  
Date Announced29 Jan 2015  
CategoryListing Information & Profile
Reference NoML-150129-51989

Instrument TypeLoan Stocks
Description5-year 5% redeemable convertible unsecured loan stocks (“RCULS”) 
Listing Date30/01/2015
Issue Date27/01/2015
Issue/ Ask PriceMYR 1.0000
Issue Size IndicatorCurrency
Issue Size in CurrencyMYR 185,741,250.0000
Maturity Date24/01/2020
Revised Maturity Date 
Exercise/ Conversion Period5.00Year(s)
Revised Exercise/ Conversion Period
Exercise/Strike/Conversion PriceMYR 1.0500
Revised Exercise/Strike/Conversion Price
Exercise/ Conversion RatioPlease refer to remarks
Revised Exercise/ Conversion Ratio
Mode of satisfaction of Exercise/ Conversion priceTendering of securities
Settlement Type/ Convertible intoPhysical (Shares)

Remarks :
The RCULS are issued pursuant to the renounceable rights issue of RM185,741,250 nominal value of RCULS at 100% of its nominal value (“Rights RCULS”) on the basis of RM1.00 nominal value of Rights RCULS for every 2 existing ordinary shares of RM1.00 each held in Southern Steel Berhad (“SSB”) (“SSB Shares”) as at 5.00 p.m. on 19 December 2014 (“Rights Issue of RCULS”).

The coupon rate of the RCULS is 5% per annum calculated on the nominal value of the RCULS then outstanding. The payment of coupon shall be in arrears on a semi-annual basis commencing 6 months from the date of issue of the RCULS (“Issue Date”).

The conversion price of the RCULS is RM1.05 for every 1 new SSB Share (“Conversion Price”) and is subject to adjustments under certain circumstances in accordance with the provisions of the trust deed dated 1 December 2014 constituting the RCULS.

The RCULS may be converted into new SSB Shares at any time from the Issue Date up to and including the date of maturity of the RCULS (“Maturity Date”). The conversion of the RCULS will not require any cash payment by the holders of the RCULS (“RCULS Holders”). The conversion shall be satisfied by surrendering the RCULS with an aggregate nominal value equivalent to the Conversion Price for cancellation by SSB. Any fraction of the new SSB Shares arising from the conversion of the RCULS shall be disregarded.

All outstanding RCULS which have not been earlier converted shall be automatically converted into new SSB Shares at the Conversion Price on the Maturity Date.

However, subject to SSB giving irrevocable notice to the RCULS Holders at least 30 days prior to the Maturity Date, SSB shall have the option to redeem the outstanding RCULS (if not earlier converted) in cash at 100% of the nominal amount of the RCULS, in whole or in part (but always in the same proportion in relation to each RCULS Holder), on the Maturity Date.

This announcement is dated 29 January 2015.


LONBISC - LONBISC-BONUS ISSUE OF 37,281,357 WARRANTS IN LONBISC (“BONUS WARRANTS”) ON THE BASIS OF ONE (1) BONUS WARRANT FOR EVERY FIVE (5) EXISTING ORDINARY SHARES OF RM1.00 EACH HELD IN LONBISC (“BONUS ISSUE OF WARRANTS”)

Announcement Type: Listing Circular
Company NameLONDON BISCUITS BERHAD  
Stock Name LONBISC  
Date Announced29 Jan 2015  
CategoryListing Circular
Reference NoTE-150129-39088

LISTING'S CIRCULAR NO. L/Q : 72384 OF 2015

Kindly be advised that LONBISC’s 37,281,357 Bonus Warrants issued pursuant to the Bonus Issue of Warrants will be admitted to the Official List of Bursa Malaysia Securities Berhad and the listing and quotation of these Bonus Warrants on the Main Market will be granted with effect from 9.00 a.m., Friday, 30 January 2015.

The Stock Short Name, ISIN Code and Stock Number of the Bonus Warrants are "LONBISC-WA", "MYL7126WAU15" and "7126WA" respectively.



LPI - NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS):BONUS ISSUES

Announcement Type: General Announcement
Company NameLPI CAPITAL BHD  
Stock Name LPI  
Date Announced29 Jan 2015  
CategoryGeneral Announcement
Reference NoMM-150128-72447

TypeAnnouncement
SubjectNEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
BONUS ISSUES
DescriptionLPI CAPITAL BHD (“LPI” OR “COMPANY”)

PROPOSED BONUS ISSUE OF 110,661,990 NEW ORDINARY SHARES OF RM1.00 EACH IN LPI (“LPI SHARE(S)”) (“BONUS SHARE(S)”) TO BE CREDITED AS FULLY PAID-UP, ON THE BASIS OF ONE (1) BONUS SHARE FOR EVERY TWO (2) EXISTING LPI SHARES HELD ON AN ENTITLEMENT DATE TO BE DETERMINED LATER (“PROPOSED BONUS ISSUE”)

We refer to the Company’s announcement dated 28 January 2015 in relation to the Proposed Bonus Issue.

On behalf of the Board of Directors of LPI, Public Investment Bank Berhad wishes to announce that the listing application for the listing of and quotation for the Bonus Shares to be issued pursuant to the Proposed Bonus Issue has been submitted to Bursa Malaysia Securities Berhad on 29 January 2015.

This announcement is dated 29 January 2015.



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