News
Profile For Warrants
Back17 Feb 2011
| Date Announced |
:
|
17/02/2011 |
| Instrument Type |
:
|
Warrants | |
| Description |
:
|
|
| Listing Date |
:
|
18/02/2011 |
| Issue Date |
:
|
14/02/2011 |
| Issue/ Ask Price |
:
|
MYR 0.0000 |
| Issue Size Indicator |
:
|
Unit |
| Issue Size in Unit |
:
|
41,600,000 |
| Maturity Date |
:
|
13/02/2013 | ||
| Revised Maturity Date |
:
|
|||
| Exercise/ Conversion Period |
:
|
|
||
| Revised Exercise/ Conversion Period |
:
|
|
||
| Exercise/Strike/Conversion Price |
:
|
MYR 3.3000 | ||
| Revised Exercise/Strike/Conversion Price |
:
|
MYR 0.0000 | ||
| Exercise/ Conversion Ratio |
:
|
1 Warrant : 1 Ordinary Share of RM0.25 each | ||
| Revised Exercise/ Conversion Ratio |
:
|
|||
| Mode of satisfaction of Exercise/ Conversion price |
:
|
Cash | ||
| Settlement Type/ Convertible into |
:
|
Physical (Shares) |
| Remarks : |
| The Warrants are issued to the entitled shareholder of QL Resources Berhad ("QL") on the basis of one (1) Warrant for every twenty (20) ordinary shares of RM0.25 each in QL ("QL Share(s)") held after the subdivision of every existing one (1) ordinary share of RM0.50 each in QL into two (2) QL Shares in QL. Each Warrant carries the entitlement to subscribe for one (1) new QL Share at the exercise price (as indicated above) and at any time during the exercise period (as indicated above) ("Exercise Period") subject to the adjustments in accordance with the provisions of the deed poll date 8 February 2011, constituting the Warrants. Any Warrants not exercised during the Exercise Period will thereafter lapse and cease to be valid for any purpose. This announcement is dated 17 February 2011. |