OSK-WC today 1st day listing.

Conversion RM 1.

5 years maturity, at a premium of 25%

OSKPROP-WC - Profile for Warrants

Stock NameOSKPROP-WC    
Date Announced3 Sept 2012  
CategoryListing Information & Profile
Reference NoOI-120903-63230

Instrument TypeWarrants
DescriptionWarrants issued pursuant to the Rights Issue with Warrants and the Restricted Issue of Warrants 
Listing Date04/09/2012
Issue Date29/08/2012
Issue/ Ask PriceNot Applicable
Issue Size IndicatorUnit
Issue Size in Unit106,160,367
Maturity Date28/08/2017
Revised Maturity Date 
Exercise/ Conversion Period5.00Year(s)
Revised Exercise/ Conversion Period
Exercise/Strike/Conversion PriceMYR 1.0000
Revised Exercise/Strike/Conversion Price
Exercise/ Conversion Ratio1 Warrant: 1 OSKP Share
Revised Exercise/ Conversion Ratio
Mode of satisfaction of Exercise/ Conversion priceCash
Settlement Type/ Convertible intoPhysical (Shares)

Remarks :
The terms used herein, unless the context other wise states, shall bear the same meaning as those defined in the Abridged Prospectus issued by OSKP dated 1 August 2012.

(i) The Warrants issued pursuant to the Rights Issue with Warrants are issued for free to the entitled shareholders and/ or their renouncee(s)/ transferee(s) who subscribe to the Rights Shares with Warrants; and

(ii) The Warrants issued pursuant to the Restricted Issue of Warrants are issued at an issue price of RM0.01 per Warrant to the entitled warrantholders who subscribe to the Warrants.

Each Warrant entitles the registered holder to subscribe for one (1) new OSKP Share at any time during the period commencing on and including the Issue Date and ending at 5.00 p.m. in Malaysia on the Maturity Date ("Exercise Period") at the Exercise Price which shall be subject to the adjustments under certain circumstance in accordance with the provisions of the Deed Poll dated 19 July 2012 constituting the Warrants during the Exercise Period. Any Warrants not exercised during the Exercise Period will thereafter lapse and cease to be valid for any purpose.

This announcement is dated 3 September 2012.