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RENOUNCEABLE RIGHTS ISSUE OF 64,834,000 WARRANTS IN PHB AT AN ISSUE PRICE OF RM0.10 PER WARRANT ON THE BASIS OF ONE (1) WARRANT FOR EVERY TWO (2) ORDINARY SHARES OF RM0.50 EACH ("PHB SHARE(S)") HELD AS AT 5.00 P.M. ON 20 DECEMBER 2013 (“RIGHTS ISSUE OF WARRANTS”)
Listing Date
23/01/2014
Issue Date
21/01/2014
Issue/ Ask Price
MYR 0.1000
Issue Size Indicator
Unit
Issue Size in Unit
64,834,000
Maturity Date
20/01/2024
Revised Maturity Date
Exercise/ Conversion Period
10.00Year(s)
Revised Exercise/ Conversion Period
Exercise/Strike/Conversion Price
MYR 0.6000
Revised Exercise/Strike/Conversion Price
Exercise/ Conversion Ratio
1 warrant: 1 ordinary share of PHB
Revised Exercise/ Conversion Ratio
Mode of satisfaction of Exercise/ Conversion price
Cash
Settlement Type/ Convertible into
Physical (Shares)
Remarks :
Each warrant entitles the holder to subscribe for one (1) new PHB Share at the exercise price of RM0.60 at any time from and inclusive of the Issue Date until the Maturity Date ("Exercise Period"), subject to adjustments in accordance with the provisions of the deed poll dated 18 November 2013 constituting the warrants. Warrants not exercised during the Exercise Period will thereafter lapse and cease to be valid.
