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WARRANTS IN SMR TECHNOLOGIES BERHAD ("SMRT")("WARRANT(S)") ISSUED PURSUANT TO THE BONUS ISSUE OF WARRANTS ON THE BASIS OF ONE (1) WARRANT FOR EVERY TWO (2) EXISTING ORDINARY SHARES OF RM0.10 EACH IN SMRT (“SMRT SHARE(S)”) HELD AT 5.00 P.M. ON 1 AUGUST 2012
Listing Date
10/08/2012
Issue Date
02/08/2012
Issue/ Ask Price
Not Applicable
Issue Size Indicator
Unit
Issue Size in Unit
85,936,833
Maturity Date
01/08/2017
Revised Maturity Date
Exercise/ Conversion Period
5.00Year(s)
Revised Exercise/ Conversion Period
Exercise/Strike/Conversion Price
MYR 0.1800
Revised Exercise/Strike/Conversion Price
Exercise/ Conversion Ratio
1 Warrant : 1 SMRT 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 SMRT on the basis of one (1) free Warrant for every two (2) existing SMRT Shares held at 5.00 p.m. on 1 August 2012.
Each Warrant carries the entitlement to subscribe for one (1) new SMRT Share at the exercise price of RM0.18 and at any time during the exercise period, subject to the adjustments in accordance with the provisions of the deed poll dated 17 July 2012, constituting the Warrants. Any Warrants not exercised during the exercise period will thereafter lapse and cease to be valid for any purpose.
