Profile for Warrants
HUBLINE BERHAD |
Instrument Type | Warrants |
Description | Free detachable Warrants issued pursuant to the Rights Issue |
Listing Date | 11/11/2009 |
Issue Date | 05/11/2009 |
Issue/ Ask Price | |
Issue Size Indicator | Unit |
Issue Size in Unit | 621,676,421 |
Maturity Date | 04/11/2019 |
Revised Maturity Date | |
Exercise/ Conversion Period | 10.00 Year(s) |
Revised Exercise/ Conversion Period | |
Exercise/ Conversion Ratio | 1 Warrant: 1 Hubline Share |
Mode of satisfaction of Exercise/ Conversion price | Cash |
Settlement Type/ Convertible Into | Cash |
Exercise/ Strike/ Conversion Price | MYR 0.2000 |
Remarks : |
The Warrants are issued for free to the subscribers of the renounceable rights issue of 621,676,421 new ordinary shares of RM0.20 each in Hubline on the basis of one (1) free detachable Warrant for every one (1) Rights Share subscribed for. Each Warrant carries the entitlement, at any time from the Issue Date up to the Maturity Date, to subscribe for one (1) new Hubline Share at the Exercise Price which shall be satisfied in cash. Any Warrant which has not been exercised or delivered to the Registrar on Maturity Date will lapse and cease thereafter to be valid for any purpose. This announcement is dated 10 November 2009 |
Announcement Info
Company Name | HUBLINE BERHAD |
Stock Name | HUBLINE-WA |
Date Announced | 10 Nov 2009 |
Category | Listing Information & Profile |
Reference No | OI-091110-38209 |