Profile for Warrants
| PETRA PERDANA BERHAD |
|
Instrument Type | Warrants |
| Description | Free detachable warrants (“Warrants”) issued pursuant to the renounceable rights issue of 122,760,000 new ordinary shares of RM0.50 each in Petra Perdana Berhad (“PPB Share”) (“Rights Share”) (“Rights Issue”) |
| Listing Date | 01/11/2010 |
| Issue Date | 27/10/2010 |
| Issue/ Ask Price |  |
| Issue Size Indicator | Unit |
| Issue Size in Unit | 61,379,785 |
| Maturity Date | 26/10/2015 |
| Revised Maturity Date | |
| Exercise/ Conversion Period | 5.00 Year(s) |
| Revised Exercise/ Conversion Period | |
| Exercise/Strike/Conversion Price | MYR 1.0000 |
| Revised Exercise/Strike/Conversion Price | |
| Exercise/ Conversion Ratio | 1 Warrant : 1 PPB Share |
| Revised Exercise/ Conversion Ratio | |
| Mode of satisfaction of Exercise/ Conversion price | Cash |
| Settlement Type/ Convertible into | Physical (Shares) |
| Remarks : |
| The Warrants are issued free pursuant to the Rights Issue on the basis of one (1) Warrant for every two (2) Rights Shares subscribed. Each Warrant entitles the holder to subscribe for one (1) new PPB Share at the exercise price of RM1.00 at any time during the exercise period, subject to adjustments in accordance with the provisions of the deed poll constituting the Warrants. Warrants not exercised during the exercise period will thereafter lapse and cease to be valid. |
Announcement Info
| Company Name | PETRA PERDANA BERHAD |
| Stock Name | PETRA-WA |
| Date Announced | 28 Oct 2010 |
| Category | Listing Information & Profile |
| Reference No | MM-101028-36508 |