MERIDIAN-WC

0.050

+0.025 (+100%)

Profile for Warrants

MEDA INC. BERHAD

Instrument Type

Warrants
DescriptionWarrants C issued pursuant to the Free Warrants Issue (as defined below) 
Listing Date03/09/2014
Issue Date25/08/2014
Issue/ Ask PriceNot Applicable
Issue Size IndicatorUnit
Issue Size in Unit48,421,408
Maturity Date24/08/2024
Revised Maturity Date 
Exercise/ Conversion Period10.00Year(s)
Revised Exercise/ Conversion Period
Exercise/Strike/Conversion PriceMYR 0.8000
Revised Exercise/Strike/Conversion Price
Exercise/ Conversion Ratio1 Warrant : 1 ordinary share of RM0.50 each in MEDA
Revised Exercise/ Conversion Ratio
Mode of satisfaction of Exercise/ Conversion priceCash
Settlement Type/ Convertible intoPhysical (Shares)

Remarks :
The free warrants (“Warrant(s) C”) are issued to the entitled shareholders of Meda Inc Berhad ("MEDA") on the basis of one (1) warrant C for every ten (10) existing ordinary shares of RM0.50 each held in MEDA ("MEDA Shares") held at 5:00 p.m. on 25 August 2014 (“Free Warrants Issue”).

Each Warrant C carries the entitlement to subscribe for one (1) new MEDA Share at the exercise price of RM0.80 and at any time during the exercise period, subject to the adjustments in accordance with the provisions of the deed poll dated 7 August 2014 constituting the Warrants C. Any Warrants C not exercised during the exercise period will thereafter lapse and cease to be valid for any purpose.

This announcement is dated 2 September 2014.


Announcement Info

Company NameMEDA INC. BERHAD  
Stock Name MEDAINC-WC    
Date Announced2 Sept 2014  
CategoryListing Information & Profile
Reference NoMI-140902-39370