Profile for Warrants
| PUC FOUNDER (MSC) BERHAD |
|
Admission Sponsor | Kenanga Investment Bank Bhd |
| Sponsor | Same as above |
| Instrument Type | Warrants |
| Description | Issuance of 132,791,321 free warrants in PUC (“Warrants”) on the basis of one (1) Warrant for every seven (7) existing ordinary shares of RM0.10 each in PUC (“PUC Shares”) held at the same date of the Bonus Issue of Shares (“Free Warrants Issue”) |
| Listing Date | 06/01/2015 |
| Issue Date | 26/12/2014 |
| Issue/ Ask Price | Not Applicable |
| Issue Size Indicator | Unit |
| Issue Size in Unit | 132,791,321 |
| Maturity Date | 25/12/2024 |
| Revised Maturity Date | |
| Exercise/ Conversion Period | 10.00Year(s) |
| Revised Exercise/ Conversion Period |  |
| Exercise/Strike/Conversion Price | MYR 0.1000 |
| Revised Exercise/Strike/Conversion Price | |
| Exercise/ Conversion Ratio | 1 Warrant : 1 Ordinary Share of RM0.10 each in PUC |
| 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 PUC on the basis of one (1) Warrant for every seven (7) PUC Shares held at 5.00p.m. on 26 December 2014. Each Warrant carries the entitlement to subscribe for one (1) new PUC Share 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 6 November 2014, constituting the Warrants. Any Warrants not exercised during the Exercise Period will thereafter lapse and cease to be valid for any purpose. This announcement is dated 5 January 2015 |
Announcement Info
| Company Name | PUC FOUNDER (MSC) BERHAD (ACE Market) |
| Stock Name | PUC-WA |
| Date Announced | 5 Jan 2015 |
| Category | Listing Information & Profile |
| Reference No | OS-150105-55440 |