Profile for Warrants
| MALAYSIA BUILDING SOCIETY BERHAD |
|
Instrument Type | Warrants |
| Description | ADJUSTMENT TO THE OUTSTANDING WARRANTS 2011 / 2016 ("WARRANTS") AS SPECIFIED IN THE DEED POLL DATED 21 APRIL 2011 OF MALAYSIA BUILDING SOCIETY BERHAD ("MBSB") PURSUANT TO THE RENOUNCEABLE RIGHTS ISSUE OF UP TO 889,807,870 NEW ORDINARY SHARES OF RM1.00 EACH IN MBSB ("MBSB SHARES") ("RIGHTS SHARES") ON THE BASIS OF ONE (1) RIGHTS SHARE FOR EVERY TWO (2) EXISTING MBSB SHARES HELD BY THE ENTITLED SHAREHOLDERS AT 5.00 P.M. ON 26 DECEMBER 2013 AT AN ISSUE PRICE OF RM1.65 PER RIGHTS SHARE ("RIGHTS ISSUE") (“ADJUSTMENT”) |
| Listing Date | 07/06/2011 |
| Issue Date | 01/06/2011 |
| Issue/ Ask Price | Not Applicable |
| Issue Size Indicator | Unit |
| Issue Size in Unit | 508,983,887 |
| Maturity Date | 31/05/2016 |
| Revised Maturity Date | |
| Exercise/ Conversion Period | 5.00Year(s) |
| Revised Exercise/ Conversion Period |  |
| Exercise/Strike/Conversion Price | MYR 1.0000 |
| Revised Exercise/Strike/Conversion Price | |
| Exercise/ Conversion Ratio | 1:1 |
| Revised Exercise/ Conversion Ratio | |
| Mode of satisfaction of Exercise/ Conversion price | Cash |
| Settlement Type/ Convertible into | Physical (Shares) |
| Remarks : |
| Reference is made to the Company’s earlier announcements, Circular dated 25 November 2013, Abridged Prospectus dated 26 December 2013 and the notice to the holders of the Warrants (“Warrant Holders”) dated 13 January 2014 in relation to the Rights Issue (collectively referred to as “Documents”). Unless otherwise stated, defined terms in this announcement shall carry the same meanings as defined in the Documents. The Issue Size of 508,983,887 is computed based on the original Issue Size of the Warrants of 506,424,813 plus the 2,559,074 Additional Warrants issued pursuant to the Adjustment. The current total outstanding Warrants stood at 15,850,524. After the Adjustment, the enlarged number of Warrants is 18,409,598. The 2,559,074 Additional Warrants will be listed and quoted on the Main Market of Bursa Malaysia Securities Berhad simultaneously with the Rights Shares on 29 January 2014. The notice to the Warrant Holders containing details of the Adjustment had been desptached to the Warrant Holders on 13 January 2014. This announcement is dated 28 January 2014. |
Announcement Info
| Company Name | MALAYSIA BUILDING SOCIETY BERHAD |
| Stock Name | MBSB-WA |
| Date Announced | 28 Jan 2014 |
| Category | Listing Information & Profile |
| Reference No | MB-140122-61538 |