Conversion RM 1.
5 years maturity, at a premium of 25%
OSKPROP-WC - Profile for Warrants
|Company Name||OSK PROPERTY HOLDINGS BERHAD|
|Date Announced||3 Sept 2012|
|Category||Listing Information & Profile|
|Description||Warrants issued pursuant to the Rights Issue with Warrants and the Restricted Issue of Warrants|
|Issue/ Ask Price||Not Applicable|
|Issue Size Indicator||Unit|
|Issue Size in Unit||106,160,367|
|Revised Maturity Date|
|Exercise/ Conversion Period||5.00Year(s)|
|Revised Exercise/ Conversion Period|
|Exercise/Strike/Conversion Price||MYR 1.0000|
|Revised Exercise/Strike/Conversion Price|
|Exercise/ Conversion Ratio||1 Warrant: 1 OSKP Share|
|Revised Exercise/ Conversion Ratio|
|Mode of satisfaction of Exercise/ Conversion price||Cash|
|Settlement Type/ Convertible into||Physical (Shares)|
|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.