1. Details of Corporate Proposal |
|
| Involve issuance of new type/class of securities ? | No |
| Types of corporate proposal | Conversion of Loan Stocks |
| Details of corporate proposal | Conversion of Irredeemable Convertible Unsecured Loan Stocks to Ordinary Shares |
| No. of shares issued under this corporate proposal | 8,500 |
| Issue price per share ($$) | Malaysian Ringgit (MYR) 1.1800 |
| Par Value($$) (if applicable) | Malaysian Ringgit (MYR) 0.000 |
Latest issued share capital after the above corporate proposal in the following |
|
| Units | 297,194,874 |
| Issued Share Capital ($$) | Malaysian Ringgit (MYR) 344,397,386.160 |
| Listing Date | 17 Nov 2020 |
| Remarks : |
|
Arising from the migration to the no par value regime under the Companies Act, 2016, par value is no longer relevant. Pursuant to Section 74 of the Companies Act, 2016, the latest share capital and number of issued shares of the Company is represented by 297,194,874 ordinary shares, equivalent to RM344,397,386.16. |
| Company Name | ELK-DESA RESOURCES BERHAD |
| Stock Name | ELKDESA |
| Date Announced | 16 Nov 2020 |
| Category | Additional Listing Announcement /Subdivision of Shares |
| Reference Number | ALA-11112020-00007 |
