Company announcements: MBSB-WA

MBSB-WA - Profile for Warrants

Announcement Type: Listing Information & Profile
Submitting Merchant Bank: RHB INVESTMENT BANK BERHAD
Company Name: MALAYSIA BUILDING SOCIETY BERHAD
Stock Name: MBSB-WA
Date Announced: 06/06/2011

Announcement Detail:
Instrument Type: Warrants

Description: Renounceable rights issue of 506,424,813 new ordinary shares of RM1.00 each in Malaysia Building Society Berhad ("MBSB") ("MBSB Shares") ("Rights Shares") at an issue price of RM1.00 for each Rights Share on the basis of 5 Rights Shares for every 7 existing MBSB Shares held at 5.00 p.m. on 6 May 2011 together with 506,424,813 free detachable warrants ("Warrants") on the basis of 1 Warrant for every 1 Rights Share subscribed

Listing Date: 07/06/2011

Issue Date: 01/06/2011

Issue/ Ask Price: MYR 0.0000

Issue Size Indicator: Unit

Issue Size in Unit: 506,424,813

Maturity Date: 31/05/2016

Exercise/ Conversion Period: 5.00 Year(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

Revised Exercise/ Conversion Ratio: n/a

Mode of satisfaction of Exercise/ Conversion price: Cash

Settlement Type/ Convertible into: Physical (Shares)

Remarks: Each Warrant entitles the registered holder to subscribe for 1 new MBSB Share at any time during the Exercise Period at the Exercise Price subject to adjustments in accordance with the provisions of the deed poll dated 21 April 2011 constituting the Warrants.

Warrants not exercised during the Exercise Period will lapse and thereafter cease to be valid for any other purpose.

This announcement is dated 6 June 2011.

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