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RENOUNCEABLE RIGHTS ISSUE OF 145,263,250 WARRANTS ("WARRANTS") AT AN ISSUE PRICE OF RM0.02 PER WARRANT ON THE BASIS OF ONE (1) WARRANT FOR EVERY TWO (2) EXISTING ORDINARY SHARES OF RM0.10 EACH IN PALETTE ("PALETTE SHARES") HELD AT 5.00 P.M. ON 27 FEBRUARY 2013 ("RIGHTS ISSUE OF WARRANTS")
Listing Date
28/03/2013
Issue Date
21/03/2013
Issue/ Ask Price
Not Applicable
Issue Size Indicator
Unit
Issue Size in Unit
145,263,250
Maturity Date
20/03/2018
Revised Maturity Date
Exercise/ Conversion Period
5.00Year(s)
Revised Exercise/ Conversion Period
Exercise/Strike/Conversion Price
MYR 0.1000
Revised Exercise/Strike/Conversion Price
Exercise/ Conversion Ratio
One (1) Warrant : One (1) Palette Share
Revised Exercise/ Conversion Ratio
Mode of satisfaction of Exercise/ Conversion price
Cash
Settlement Type/ Convertible into
Physical (Shares)
Remarks :
The terms used herein shall, unless the context otherwise stated, bear the same meaning as those defined in the abridged prospectus of Palette dated 27 February 2013 in relation to the Rights Issue of Warrants.
Each Warrant entitles the registered holder to subscribe for one (1) new Palette Share at any time during the Exercise Period at the Exercise Price subject to adjustments in accordance with the provisions of the Deed Poll.
Any Warrant not exercised during the Exercise Period will lapse and thereafter cease be valid for any purpose.