Those who subscribe to SONA IPO will earn about 10 cents based on sona price of 40 cents and warrant of 20 cents. (SONA IPO is 50 cents) Because 1 SONA come with 1 Free SONA-WA. 5241WA SONA-WA SONA PETROLEUM -WARR A 13/18 |
| Profile for Warrants |
Instrument Type : Warrants Description : Five (5)-year - 2013/2018 Warrants Listing Date : 30/07/2013 Issue Date : 26/07/2013 Issue/ Ask Price : Not Applicable Issue Size in Unit : 1,410,714,100 Maturity Date : 29/07/2018 Revised Maturity Date : Exercise/Conversion Period : 5.00 Year(s) Revised Exercise/Conversion Period : Exercise/ Strike/ Conversion Price : MYR 0.3500 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 maturity date of the Warrants is as follows: (a) 29 July 2018, being five (5) years from the date of listing if the qualifying acquisition of Sona Petroleum Berhad (formerly known as Titanium Windfall Sdn Bhd) (Sona Petroleum) is completed within 36 months after the date of listing, or (b) 29 July 2016, being three (3) years from the date of listing if the qualifying acquisition of Sona Petroleum is not completed within 36 months after the date of listing. Each Warrant shall entitle the holder to subscribe for one (1) new ordinary share of RM0.01 each in Sona Petroleum at the exercise price of RM0.35 per Warrant, at any time during the period commencing from and inclusive of the date of completion of the qualifying acquisition up to and including the maturity date. This announcement is not for publication or distribution, in whole or in part, in or into the United States, Australia, Canada or Japan. This announcement does not constitute an offer for sale of the securities of Sona Petroleum in the United States, Australia, Canada or Japan or to US persons (as defined in Regulation S under the US Securities Act of 1933, as amended (the "US Securities Act")). Securities may not be offered or sold in the United States absent registration under the US Securities Act, or an available exemption therefrom. The securities referred to in this announcement have not been and will not be registered under the US Securities Act, and no public offering of the securities referred to in this announcement is being made in the United States. The Company is not registered, and does not intend to register, under the US Investment Company Act of 1940, as amended (the "US Investment Company Act"), and investors will not be entitled to the benefit of the US Investment Company Act. No money, securities or other consideration from any US person or other person inside the United States is being solicited and, if sent in response to the information contained in these written materials, will not be accepted. |
29/07/2013 03:56 PM |
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