UCREST-WA

0.330

(%)

Profile for Warrants

PALETTE MULTIMEDIA BERHAD

Instrument Type

Warrants
DescriptionRENOUNCEABLE 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 Date28/03/2013
Issue Date21/03/2013
Issue/ Ask PriceNot Applicable
Issue Size IndicatorUnit
Issue Size in Unit145,263,250
Maturity Date20/03/2018
Revised Maturity Date 
Exercise/ Conversion Period5.00Year(s)
Revised Exercise/ Conversion Period
Exercise/Strike/Conversion PriceMYR 0.1000
Revised Exercise/Strike/Conversion Price
Exercise/ Conversion RatioOne (1) Warrant : One (1) Palette Share
Revised Exercise/ Conversion Ratio
Mode of satisfaction of Exercise/ Conversion priceCash
Settlement Type/ Convertible intoPhysical (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.

This announcement is dated 26 March 2013.


Announcement Info

Company NamePALETTE MULTIMEDIA BERHAD (ACE Market) 
Stock Name PALETTE-WA    
Date Announced26 Mar 2013  
CategoryListing Information & Profile
Reference NoOS-130219-59055