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Profile For Warrants

BackJan 12, 2012
Date Announced
:
12/01/2012  

 

Instrument Type
:
Warrants
Description
:
Issuance of 24,342,857 free warrants in Freight Management Holdings Bhd (“FMHB”) (“Free Warrants”) on the basis of one (1) Free Warrant for every five (5) existing ordinary shares of RM0.50 each held in FMHB
Listing Date
:
13/01/2012
Issue Date
:
09/01/2012
Issue/ Ask Price
:
Not Applicable
Issue Size Indicator
:
Unit
Issue Size in Unit
:
24,342,857
Maturity Date
:
08/01/2017
Revised Maturity Date
:

Exercise/ Conversion Period
:
5.00Year(s)
Revised Exercise/ Conversion Period
:
Exercise/Strike/Conversion Price
:
MYR 0.9700
Revised Exercise/Strike/Conversion Price
:
Exercise/ Conversion Ratio
:
1 Free Warrant : 1 Ordinary Share of RM0.50 each
Revised Exercise/ Conversion Ratio
:
Mode of satisfaction of Exercise/ Conversion price
:
Cash
Settlement Type/ Convertible into
:
Physical (Shares)

 

Remarks :
Each Free Warrant carries the entitlement to subscribe for one (1) new ordinary share of RM0.50 each in FMHB at the exercise price. The Free Warrants may be exercised at any time during the exercise period. Any Free Warrants not exercised during the exercise period will thereafter lapse and cease to be valid.

This announcement is dated 12 January 2012