Profile for Warrants
| FAJARBARU BUILDER GROUP BHD |
|
Instrument Type | Warrants |
| Description | Free detachable warrants issued pursuant to the Rights Issue with Warrants (as defined below) |
| Listing Date | 02/10/2014 |
| Issue Date | 25/09/2014 |
| Issue/ Ask Price | Not Applicable |
| Issue Size Indicator | Unit |
| Issue Size in Unit | 109,628,288 |
| Maturity Date | 24/09/2019 |
| Revised Maturity Date | |
| Exercise/ Conversion Period | 5.00Year(s) |
| Revised Exercise/ Conversion Period |  |
| Exercise/Strike/Conversion Price | MYR 0.7000 |
| Revised Exercise/Strike/Conversion Price | |
| Exercise/ Conversion Ratio | 1 Warrant : 1 Fajarbaru 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 Fajarbaru Builder Group Bhd ("Fajarbaru") pursuant to the renounceable rights issue of up to 120,566,620 new ordinary shares of RM0.50 each in Fajarbaru ("Fajarbaru Share(s)") ("Rights Share(s)") on the basis of one (1) Rights Share for every two (2) existing Fajarbaru Shares held together with up to 120,566,620 free detachable warrants ("Warrant(s)") on the basis of one (1) Warrant for every one (1) Rights Share subscribed for, at 5.00 p.m. on 2 September 2014 ("Rights Issue with Warrants"). Each Warrant carries the entitlement to subscribe for one (1) new Fajarbaru Share at the exercise price of RM0.70 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 15 August 2014 constituting the Warrants. Any Warrants not exercised during the Exercise Period will thereafter lapse and cease to be valid for any purpose. |
Announcement Info
| Company Name | FAJARBARU BUILDER GROUP BHD |
| Stock Name | FAJAR-WB |
| Date Announced | 1 Oct 2014 |
| Category | Listing Information & Profile |
| Reference No | MI-141001-51919 |