NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : OTHER ISSUE OF SECURITIES TANCO HOLDINGS BERHAD ("TANCO" OR "COMPANY") PROPOSED FREE WARRANTS ISSUE

TANCO HOLDINGS BERHAD

Type Announcement
Subject NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
OTHER ISSUE OF SECURITIES
Description
TANCO HOLDINGS BERHAD ("TANCO" OR "COMPANY")

PROPOSED FREE WARRANTS ISSUE

We refer to the announcements made on 21 September 2017 and 17 October 2017 in relation to the Proposed Free Warrants Issue (“Announcements")For consistency purposes, the abbreviations used in this announcement are the same as those previously defined in the Announcements unless otherwise defined herein.

On 21 September 2017, Mercury Securities had, on behalf of the Board, announced that the Company proposed to undertake an issue of up to 410,824,922 free Warrants on the basis of 1 Warrant for every 2 existing Tanco Shares held on the Entitlement Date.

Mercury Securities, on behalf of the Board, wishes to inform that after further deliberation, the Board has resolved to revise certain salient terms of the Warrants (“Proposed Revision”).

Please refer to the attachment for further details on the Proposed Revision.

This announcement is dated 13 June 2018.




Please refer attachment below.

Attachments

Tanco - Free Warrants Issue.pdf
148.6 kB



Announcement Info

Company Name TANCO HOLDINGS BERHAD
Stock Name TANCO
Date Announced 13 Jun 2018
Category General Announcement for PLC
Reference Number GA1-13062018-00078