1. Details of Corporate Proposal |
|
| Involve issuance of new type/class of securities ? | No |
| Types of corporate proposal | Conversion of Preference Shares |
| Details of corporate proposal | Conversion of Irredeemable Convertible Preference Shares to Ordinary Shares |
| No. of shares issued under this corporate proposal | 7,624,273 |
| Issue price per share | Malaysian Ringgit (MYR) 0.0000 |
| Par Value (if applicable) | |
Latest issued share capital after the above corporate proposal in the following |
|
| Units | 1,007,624,273 |
| Issued Share Capital | Malaysian Ringgit (MYR) 398,900,000.000 |
| Listing Date | 14 May 2026 |
| Remarks : |
| The issued share capital of the Company is RM394,959,957 (after adjusted the shares issuance expenses of RM3,940,043) comprising 1,000,000,000 ordinary shares and 187,500,000 Irredeemable Convertible Preference Shares ("ICPS"). A total of 7,624,273 new ordinary shares of the Company was issued pursuant to the conversion of 7,624,273 ICPS by way of conversion of one (1) ICPS for one (1) new ordinary share. |
| Company Name | SKYWORLD DEVELOPMENT BERHAD |
| Stock Name | SKYWLD |
| Date Announced | 13 May 2026 |
| Category | Additional Listing Announcement /Subdivision of Shares |
| Reference Number | ALA-13052026-00002 |