Contact us
SINMAH CAPITAL BERHAD ("SINMAH" OR THE "COMPANY") ISSUANCE OF 38,177,039 FREE DETACHABLE WARRANTS ("RIGHTS WARRANTS") TO THE ENTITLED SHAREHOLDERS OF SINMAH PURSUANT TO THE RENOUNCEABLE RIGHTS ISSUE OF 152,708,157 ORDINARY SHARES IN SINMAH ("SINMAH SHARES") ("RIGHTS SHARES") ON THE BASIS OF 5 RIGHTS SHARES FOR EVERY 2 EXISTING SINMAH SHARES HELD AS AT 5.00 P.M. ON 8 AUGUST 2018 AT AN ISSUE PRICE OF RM0.20 PER RIGHTS SHARE, TOGETHER WITH 38,177,039 FREE DETACHABLE WARRANTS ("RIGHTS WARRANTS") ON THE BASIS OF 1 RIGHTS WARRANT FOR EVERY 4 RIGHTS SHARES SUBSCRIBED FOR ("RIGHTS ISSUE")
Each Rights Warrant carries the entitlement to subscribe for 1 new ordinary share in Sinmah at the exercise price (as indicated above) 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 25 July 2018, constituting the Rights Warrants. Any Rights Warrants not exercised during the Exercise Period will thereafter lapse and cease to be valid for any purpose. This announcement is dated 7 September 2018.