Profile for Warrants
| TEJARI TECHNOLOGIES BERHAD |
|
Instrument Type | Warrants |
| Description | Free detachable warrants (“Warrants”) issued pursuant to the renounceable rights issue of 420,024,000 new ordinary shares of RM0.10 each in Tejari Technologies Berhad (“Tejari”) (“Tejari Share”) (“Rights Share”) (“Rights Issue with Warrants”) |
| Listing Date | 24/02/2011 |
| Issue Date | 18/02/2011 |
| Issue/ Ask Price |  |
| Issue Size Indicator | Unit |
| Issue Size in Unit | 315,018,000 |
| Maturity Date | 17/02/2021 | ||
| Revised Maturity Date | |||
| Exercise/ Conversion Period |
| ||
| Revised Exercise/ Conversion Period | |||
| Exercise/Strike/Conversion Price | MYR 0.1200 | ||
| Revised Exercise/Strike/Conversion Price | | ||
| Exercise/ Conversion Ratio | 1 Warrant : 1 Tejari Share | ||
| Revised Exercise/ Conversion Ratio | |||
| Mode of satisfaction of Exercise/ Conversion price | Cash | ||
| Settlement Type/ Convertible into | Physical (Shares) |
| Remarks : |
| The Warrants are issued to the entitled shareholders of Tejari on the basis of three (3) free Warrants for every four (4) Rights Shares subscribed pursuant to the Rights Issue with Warrants. Each Warrant carries the entitlement to subscribe for one (1) new Tejari Share at the exercise price of RM0.12 and at any time during the exercise period, subject to the adjustments in accordance with the provisions of the deed poll dated 6 January 2011, constituting the Warrants. Any Warrants not exercised during the exercise period will thereafter lapse and cease to be valid for any purpose. This announcement is dated 23 February 2011. |
Announcement Info
| Company Name | TEJARI TECHNOLOGIES BERHAD (ACE Market) |
| Stock Name | TEJARI-WA |
| Date Announced | 23 Feb 2011 |
| Category | Listing Information & Profile |
| Reference No | OS-110222-60460 |