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Free detachable warrants issued pursuant to the Bonus Issue of Warrants
Listing Date
09/09/2013
Issue Date
02/09/2013
Issue/ Ask Price
Not Applicable
Issue Size Indicator
Unit
Issue Size in Unit
351,127,130
Maturity Date
08/09/2018
Revised Maturity Date
Exercise/ Conversion Period
5.00Year(s)
Revised Exercise/ Conversion Period
Exercise/Strike/Conversion Price
MYR 0.3300
Revised Exercise/Strike/Conversion Price
Exercise/ Conversion Ratio
1 Warrant : 1 Instacom Share
Revised Exercise/ Conversion Ratio
Mode of satisfaction of Exercise/ Conversion price
Cash
Settlement Type/ Convertible into
Physical (Shares)
Remarks :
The warrants are issued pursuant to the bonus issue of 351,127,130 warrants in Instacom ("Warrant(s)") on the basis of one (1) Warrant for every two (2) existing ordinary share of RM0.10 each in Instacom ("Instacom Share(s)") held as at 5.00 p.m. on 30 August 2013.
Each Warrant carries the entitlement to subscribe for one (1) Instacom Share at the exercise price of RM0.33 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 19 August 2013, constituting the Warrants. Any Warrants not exercised during the Exercise Period will thereafter lapse and cease to be valid for any purpose.
