7164WB (KNM-WB °) Profile for Securities of PLC 24-04-2015 17:32:48
Profile for Securities of PLC Instrument Category : Securities of PLC Instrument Type : Warrants Description : Free detachable Warrants B issued pursuant to the Rights Issue with Warrants (as defined below) Initial Listing Information : Listing Date : 27/04/2015 Issue Date : 22/04/2015 Issue / Ask Price : Not Applicable Issue Size in Unit : 161578504 Maturity Date : 21/04/2020 Revised Maturity Date : Name of Guarantor: Not Applicable Name of Trustee: Not Applicable Coupon/Profit/Interest/Payment Rate: Not Applicable Coupon/Profit/Interest/Payment Frequency: Not Applicable Redemption: Not Applicable Exercise/Conversion Period : Not Applicable Revised Exercise/Conversion Period : Not Applicable Exercise/ Strike/ Conversion Price : Malaysian Ringgit (MYR) 1.0000 Revised Exercise/ Strike/ Conversion Price : Exercise/ Conversion Ratio : 1:1 Revised Exercise/ Conversion Ratio : Mode of Satisfaction of Exercise/Conversion Price : Cash Settlement Type/ Convertible into : Physical (Shares) Remarks : The Warrants B (as defined below) are issued to the entitled shareholders of KNM pursuant to the renounceable rights issue of up to 430,431,442 new ordinary shares of RM0.50 each in KNM (KNM Share(s) or Share(s)) (Rights Share(s)) on the basis of 1 Rights Share for every 5 existing KNM Shares held as at 5.00 p.m. on 27 March 2015 together with up to 215,215,721 new free detachable warrants (Warrant(s) B) on the basis of 1 Warrant B for every 2 Rights Shares subscribed for, at an issue price of RM0.50 per Rights Share (Rights Issue with Warrants).Each Warrant B carries the entitlement to subscribe for 1 KNM Share at the exercise price of RM1.00 and at any time during the exercise period indicated above (Exercise Period), subject to the adjustments in accordance with the provisions of the Deed Poll dated 13 March 2015 constituting the Warrants B. Any Warrants B not exercised during the Exercise Period will thereafter lapse and cease to be valid for any purpose. You are advised to read the entire contents of the announcement or attachment. To read the entire contents of the announcement or attachment, please access the Bursa website at http://www.bursamalaysia.com
it's rising... a bit different to it's main stock, the warrant seem no resistence recorded so far for it just falling and falling... so how far will she rise without resistence..? nice to look but scary to gamble in...
Don't envy those who hit major jackpot from below 0.10...this jackpot only just heated up...Mother is aiming high...expiry of warrant in April '20...make your loads before expiry.
When warrant loses steam and starts to retreat while Mother continues to advance, could consider taking profits if your final conversion price is higher than Mother's then trading price.
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....
Mark T Bird
1,444 posts
Posted by Mark T Bird > 2015-04-28 09:52 | Report Abuse
KNM GROUP BERHAD - WARRANTS 2015/2020