NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : COMBINATION OF
NEW ISSUE OF SECURITIES TALIWORKS CORPORATION BERHAD ("TCB") ISSUANCE OF
241,897,790 FREE WARRANTS IN TCB ("WARRANTS") ON THE BASIS OF ONE (1) WARRANT
FOR EVERY FIVE (5) EXISTING TCB SHARES HELD IN TCB AFTER THE COMPLETION OF SHARE
SPLIT ("FREE WARRANTS ISSUE")
TALIWORKS CORPORATION BERHAD
Type Announcement Subject NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) COMBINATION OF NEW ISSUE OF SECURITIES Description
TALIWORKS CORPORATION BERHAD ("TCB")
ISSUANCE OF 241,897,790 FREE WARRANTS IN TCB ("WARRANTS") ON THE BASIS OF ONE (1) WARRANT FOR EVERY FIVE (5) EXISTING TCB SHARES HELD IN TCB AFTER THE COMPLETION OF SHARE SPLIT ("FREE WARRANTS ISSUE")
We refer to the announcements dated 22 July 2015, 7 August 2015, 26 August 2015, 27 August 2015, and 26 October 2015 in relation to among others, the Free Warrant Issue (“Announcements”). Unless otherwise stated, all definitions and terms shall have the same meaning as those used in the Announcements.
On behalf of the Board, CIMB wishes to announce that the Board has on 5 November 2015 fixed the exercise price for the Warrants to be issued pursuant to the Free Warrants Issue at RM1.70 per Warrant.
The exercise price of RM1.70 per Warrant represents a premium of approximately 18.9% over the closing ex-price of TCB Shares after the Share Split of RM1.43 per TCB Share on 5 November 2015.
Hi! I am new to this forum. Is it possible for someone to advice me. Can the price for warrant be more expensive than the mother share.? for example, mother share trading at 1.58 but the free warrant when listed will be 1.70.Is it advisable to wait until warrants are credited before selling the mother share?
Issue of up to 241,929,369 free warrants B in TALIWRK ("Warrants B") on the basis of one (1) Warrant B for every five (5) TALIWRK shares held by the entitled shareholders of TALIWRK after the Share Split ("Free Warrants Issue") TALIWORKS CORPORATION BERHAD Kindly be advised that TALIWRK's 241,897,790 Warrants B issued pursuant to the Free Warrants Issue will be admitted to the Official List of Bursa Securities and the listing and quotation of these Warrants B on the Main Market will be granted with effect from 9.00 a.m., Tuesday, 17 November 2015.
The Stock Short Name, ISIN Code and Stock Number of the Warrants B are "TALIWRK-WB", "MYL8524WBSB8" and "8524WB" respectively.
Announcement InfoCompany Name TALIWORKS CORPORATION BERHAD Stock Name TALIWRK-WB Date Announced16 Nov 2015
mother got long tail at bottom on Friday while son recovered from .36 to close green at .415. So, should be good today. Monitor, especially the warrant!!
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
kennethcheah
505 posts
Posted by kennethcheah > 2015-11-07 11:08 | Report Abuse
http://www.bursamalaysia.com/market/listed-companies/company-announcements/4913013
NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : COMBINATION OF
NEW ISSUE OF SECURITIES TALIWORKS CORPORATION BERHAD ("TCB") ISSUANCE OF
241,897,790 FREE WARRANTS IN TCB ("WARRANTS") ON THE BASIS OF ONE (1) WARRANT
FOR EVERY FIVE (5) EXISTING TCB SHARES HELD IN TCB AFTER THE COMPLETION OF SHARE
SPLIT ("FREE WARRANTS ISSUE")
TALIWORKS CORPORATION BERHAD
Type Announcement
Subject NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
COMBINATION OF NEW ISSUE OF SECURITIES
Description
TALIWORKS CORPORATION BERHAD ("TCB")
ISSUANCE OF 241,897,790 FREE WARRANTS IN TCB ("WARRANTS") ON THE BASIS OF ONE (1) WARRANT FOR EVERY FIVE (5) EXISTING TCB SHARES HELD IN TCB AFTER THE COMPLETION OF SHARE SPLIT ("FREE WARRANTS ISSUE")
We refer to the announcements dated 22 July 2015, 7 August 2015, 26 August 2015, 27 August 2015, and 26 October 2015 in relation to among others, the Free Warrant Issue (“Announcements”). Unless otherwise stated, all definitions and terms shall have the same meaning as those used in the Announcements.
On behalf of the Board, CIMB wishes to announce that the Board has on 5 November 2015 fixed the exercise price for the Warrants to be issued pursuant to the Free Warrants Issue at RM1.70 per Warrant.
The exercise price of RM1.70 per Warrant represents a premium of approximately 18.9% over the closing ex-price of TCB Shares after the Share Split of RM1.43 per TCB Share on 5 November 2015.
This announcement is dated 5 November 2015.