OCR PA oh OCR PA

If you buy at 0.20 OCR PA, you just need to add 0.45 by surrending 1 PA to get mother share, which means total you pay is 0.65 to get mother share which is 0.635 now. USE PA to Leverage on Mother OCR share price. 7071PA    OCR-PA    O&C RESOURCES BERHAD - IRREDEEMABLE CONV

Profile for Securities of PLC

Instrument Category : Securities of PLC Instrument Type : Preference Shares Description : O&C RESOURCES BERHAD (FORMERLY KNOWN AS TAKASO RESOURCES BERHAD) ("OCR" OR THE "COMPANY")Issuance of 661,412,697 new irredeemable convertible preference shares of RM0.05 each in OCR ("ICPS") to the entitled shareholders of OCR pursuant to the renounceable rights issue of 661,412,697 ICPS on the basis of three (3) ICPS for every one (1) existing ordinary share of RM0.25 each in OCR ("OCR Share" or "Share") held as at 5.00 p.m. on 15 June 2016 ("Entitlement Date"), together with 66,141,269 free detachable warrants ("Warrants") on the basis of one (1) Warrant for every ten (10) ICPS ("Rights Issue of ICPS With Warrants") Initial Listing Information : Listing Date : 28/07/2016 Issue Date : 25/07/2016 Issue / Ask Price : Malaysian Ringgit (MYR) 0.0500 Issue Size in Unit : 661,412,697.0000 Maturity Date : 24/07/2021 Revised Maturity Date : Name of Guarantor: Not Applicable Name of Trustee: Not Applicable Coupon/Profit/Interest/Payment Rate: OCR has the discretion to decide whether to declare any dividend. Dividend, if declared, shall be in priority over all ordinary shares of OCR, where the dividend rate is a non-cumulative preference dividend rate of 5% per annum calculated based on the nominal value of the ICPS, to be declared and payable annually in arrears. Coupon/Profit/Interest/Payment Frequency: Not Applicable Redemption: Not Applicable Exercise/Conversion Period : 5.00 Year(s) Revised Exercise/Conversion Period : Not Applicable Exercise/ Strike/ Conversion Price : Malaysian Ringgit (MYR) 0.5000 Revised Exercise/ Strike/ Conversion Price : Exercise/ Conversion Ratio : 10:1 Revised Exercise/ Conversion Ratio : Mode of Satisfaction of Exercise/Conversion Price : Tendering of securities Settlement Type/ Convertible into : Physical (Shares) Remarks : At any time during the exercise period indicated above, (i) every one (1) ICPS together with RM0.45 cash can be converted into one (1) new OCR Share, or (ii) every ten (10) ICPS, without any cash, can be converted into one (1) new OCR Share.This announcement is dated 27 July 2016. 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

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