Profile for Warrants
| MEXTER TECHNOLOGY BERHAD |
|
Instrument Type | Warrants |
| Description | Free detachable warrants issued pursuant to the Rights Issue with Warrants |
| Listing Date | 25/09/2013 |
| Issue Date | 18/09/2013 |
| Issue/ Ask Price | Not Applicable |
| Issue Size Indicator | Unit |
| Issue Size in Unit | 89,452,020 |
| Maturity Date | 17/09/2018 |
| Revised Maturity Date | |
| Exercise/ Conversion Period | 5.00Year(s) |
| Revised Exercise/ Conversion Period |  |
| Exercise/Strike/Conversion Price | MYR 0.1300 |
| Revised Exercise/Strike/Conversion Price | |
| Exercise/ Conversion Ratio | 1 Warrant : 1 Mexter Share |
| 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 shareholders of Mexter Technology Berhad ("Mexter") pursuant to the renounceable rights issue of up to 89,452,020 new ordinary shares of RM0.10 each in Mexter ("Mexter Share(s)") ("Rights Share(s)") on the basis of one (1) Rights Share for every one (1) existing Mexter Share held, together with up to 89,452,020 free detachable warrants ("Warrant(s)") on the basis of one (1) free Warrant for every one (1) Rights Share subscribed for, as at 5.00 p.m. on 26 August 2013 at an issue price of RM0.10 per Rights Share ("Rights Issue with Warrants"). Each Warrant carries the entitlement to subscribe for one (1) new Mexter Share at the exercise price of RM0.13 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 dated 12 August 2013, 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 24 September 2013. |
Announcement Info
| Company Name | MEXTER TECHNOLOGY BERHAD (ACE Market) |
| Stock Name | MEXTER-WA |
| Date Announced | 24 Sept 2013 |
| Category | Listing Information & Profile |
| Reference No | MI-130918-61996 |