| Description | Adjustment to the Conversion Ratio of RCPS-i A (as defined herein) in accordance to the Constitution of S P Setia Berhad ("S P Setia") ("Adjustment") pursuant to the: (i) renounceable rights issue of new ordinary shares in S P Setia ("Rights Shares") on the basis of 2 Rights Shares for every 15 existing ordinary shares in S P Setia ("Shares") held as at 5.00 p.m. on 30 November 2017 at an issue price of RM2.65 per Rights Share ("Rights Issue of Shares"); and (ii) renounceable rights issue of new class B Islamic redeemable convertible preference shares in S P Setia ("RCPS-i B") on the basis of 2 RCPS-i B for every 5 existing Shares held as at 5.00 p.m. on 30 November 2017 at an issue price of RM0.88 per RCPS-i B ("Rights Issue of RCPS-i B") |
