Profile for Warrants
| DPS RESOURCES BERHAD |
|
Instrument Type | Warrants |
| Description | Rights Warrants issued pursuant to the Rights Issue of Shares with Warrants (as defined below) |
| Listing Date | 22/01/2015 |
| Issue Date | 16/01/2015 |
| Issue/ Ask Price | Not Applicable |
| Issue Size Indicator | Unit |
| Issue Size in Unit | 194,261,746 |
| Maturity Date | 15/01/2025 |
| Revised Maturity Date | |
| Exercise/ Conversion Period | 10.00Year(s) |
| Revised Exercise/ Conversion Period |  |
| Exercise/Strike/Conversion Price | MYR 0.1000 |
| Revised Exercise/Strike/Conversion Price | |
| Exercise/ Conversion Ratio | 1 Warrant : 1 Ordinary Share of RM0.10 each |
| Revised Exercise/ Conversion Ratio | |
| Mode of satisfaction of Exercise/ Conversion price | Cash |
| Settlement Type/ Convertible into | Physical (Shares) |
| Remarks : |
| The 194,261,746 warrants are issued to the entitled shareholders of DPS Resources Berhad (“DPS”) pursuant to the renounceable rights issue of 323,769,580 new ordinary shares of RM0.10 each in DPS (“DPS Shares”) (“Rights Shares”) on the basis of two (2) Rights Shares for every one (1) existing DPS Share held as at 5.00 p.m. on 23 December 2014 at an issue price of RM0.10 per Rights Share, together with 194,261,746 free detachable warrants (“Rights Warrants”) on the basis of three (3) Rights Warrants for every five (5) Rights Shares subscribed for (“Rights Issue of Shares with Warrants”). Each Rights Warrant carries the entitlement to subscribe for one (1) new DPS Share at the exercise price (as indicated above) and at any time during the exercise period (as indicated above) (“Exercise Period”) subject to the adjustments in accordance with the provisions of the deed poll dated 9 December 2014, constituting the Rights Warrants. Any Rights Warrants not exercised during the Exercise Period will thereafter lapse and cease to be valid for any purpose. This announcement is dated 21 January 2015. |
Announcement Info
| Company Name | DPS RESOURCES BERHAD |
| Stock Name | DPS-WB |
| Date Announced | 21 Jan 2015 |
| Category | Listing Information & Profile |
| Reference No | OS-150121-53737 |