VERTICE-WA

0.040

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Profile for Warrants

VOIR HOLDINGS BERHAD

Instrument Type

Warrants
Description
Warrants issued pursuant to the Bonus Issue of Warrants
 
Listing Date04/04/2014
Issue Date01/04/2014
Issue/ Ask PriceNot Applicable
Issue Size IndicatorUnit
Issue Size in Unit60,000,000
Maturity Date31/03/2024
Revised Maturity Date 
Exercise/ Conversion Period10.00Year(s)
Revised Exercise/ Conversion Period
Exercise/Strike/Conversion PriceMYR 0.5000
Revised Exercise/Strike/Conversion Price
Exercise/ Conversion Ratio1 Warrant :1 Voir Share
Revised Exercise/ Conversion Ratio
Mode of satisfaction of Exercise/ Conversion priceCash
Settlement Type/ Convertible intoPhysical (Shares)

Remarks :
The bonus issue of 60,000,000 warrants in Voir Holdings Berhad (“Voir”) ("Warrants") are issued to the entitled shareholders of Voir on the basis of one (1) Warrant for every two (2) existing ordinary share of RM0.50 each in Voir ("Voir Shares") held at 5.00 p.m. on 24 March 2014 (“Bonus Issue of Warrants”).

Each Warrant carries the entitlement to subscribe for one (1) new Voir Share at the exercise price of RM0.50 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 11 March 2014 constituting the Warrants. Any Warrant not exercised during the Exercise Period will thereafter lapse and cease to be valid for any purpose.

This announcement is dated 2 April 2014.


Announcement Info

Company NameVOIR HOLDINGS BERHAD  
Stock Name VOIR-WA    
Date Announced2 Apr 2014  
CategoryListing Information & Profile
Reference NoMI-140402-57032