March 4, 2011

Company announcements: PAHANCO-WA

PAHANCO-WA - Profile for Warrants

Announcement Type: Listing Information & Profile
Company Name: PAHANCO CORPORATION BERHAD
Stock Name: PAHANCO-WA
Date Announced: 04/03/2011

Announcement Detail:
Instrument Type: Warrants

Description: Warrants issued pursuant to the Rights Issue

Listing Date: 26/09/2002

Issue Date: 12/09/2002

Issue/ Ask Price: MYR 0.0000

Issue Size Indicator: Unit

Issue Size in Unit: 12,595,200

Maturity Date: 11/09/2012

Exercise/ Conversion Period: 18.00 Month(s)

Revised Exercise/ Conversion Period: 0.00

Exercise/Strike/Conversion Price: MYR 1.0000

Revised Exercise/Strike/Conversion Price: MYR 0.0000

Exercise/ Conversion Ratio: 1:1

Mode of satisfaction of Exercise/ Conversion price: Cash

Settlement Type/ Convertible into: Physical (Shares)

Remarks: Pahanco Corporation Berhad ("PCB" or "the Company") warrants
are issued pursuant to the following:-

On 12th September 2002, the Company issued and allotted 8,607,600
new ordinary shares of RM1.00 each ("Rights Shares") together with
fund-raising exercise. The Rights Shares and the warrants were
listed on Bursa Securities on 26th September 2002.

The warrants are constituted by the Deed Poll dated 29th May 2002
executed by PCB. Each warrant entitles its registered holders the
rights to any time during the exercise period to subscribe for one (1)
new ordinary share of RM1.00 each in PCB at an exercise price of
RM1.00 per share.

On 27th November 2002, the Company's additional 4,198,400 new
warrants arising from the adjustment to the number of warrants
held by the warrant holders pursuant to the Bonus Issue of
14,694,400 new issue of RM1.00 each to the shareholders of PCB
on the basis of one (1) new ordinary shares for every two existing
shares, were listed on Bursa Securities.

Warrants which are not exercised within the exercise period will
lapse and become null and void. These Warrants shall then
cease to be exercisable and will be removed from the Official
List of Bursa Securities.

This announcement is dated 4th March 2011


No comments:

Post a Comment