KGB-WA

0.710

(%)

Profile for Warrants

KELINGTON GROUP BERHAD

Instrument Type

Warrants
DescriptionBONUS ISSUE OF 53,937,631 WARRANTS (“WARRANTS”) ON THE BASIS OF ONE (1) WARRANT FOR EVERY THREE (3) EXISTING ORDINARY SHARES OF RM0.10 EACH IN KELINGTON GROUP BERHAD ("KGB") HELD BY THE ENTITLED SHAREHOLDERS OF KGB AT 5:00 P.M. ON 13 JUNE 2014  
Listing Date19/06/2014
Issue Date13/06/2014
Issue/ Ask PriceNot Applicable
Issue Size IndicatorUnit
Issue Size in Unit53,937,631
Maturity Date12/06/2019
Revised Maturity Date 
Exercise/ Conversion Period5.00Year(s)
Revised Exercise/ Conversion Period
Exercise/Strike/Conversion PriceMYR 0.5000
Revised Exercise/Strike/Conversion Price
Exercise/ Conversion Ratio1 Warrant : 1 Ordinary share of RM0.10 each
Revised Exercise/ Conversion Ratio
Mode of satisfaction of Exercise/ Conversion priceCash
Settlement Type/ Convertible intoPhysical (Shares)

Remarks :
Each Warrant entitles the registered holder to subscribe for one (1) new ordinary share of RM0.10 each in KGB at any time during the exercise period at the exercise price (subject to adjustments in accordance with the provisions in the deed poll dated 30 May 2014). Warrants not exercised during the exercise period will thereafter lapse and cease to be valid.

This announcement is dated 18 June 2014.


Announcement Info

Company NameKELINGTON GROUP BERHAD  
Stock Name KGB-WA    
Date Announced18 Jun 2014  
CategoryListing Information & Profile
Reference NoMI-140616-39399