received 610 pantech wa since I have 3 lots of pantech.
Pantech -wa conversion is at 60 cents, now traded at 28 cents, it is damn expensive. decided to sell at last minutes. Still keeping 6.1 lots pantech-LA and 3 lots of pantech at 97 cents.
Initial investment on pantech at abt RM 2910
Free warrant RM 128 + RM 2160 [3.6*0.60 (pantech)] = RM 2288
Total loss: 2910 - 2288 = RM 622 ( KANASAI)
| Content |
| Instrument Type : Warrants |
| Description : FREE DETACHABLE WARRANTS 2010/2020 ("WARRANTS") |
| Listing Date : 27/12/2010 |
| Issue Date : 22/12/2010 |
| Issue Size in Unit : 74,841,040 |
| Maturity Date : 21/12/2020 |
| Revised Maturity Date : |
| Exercise/Conversion Period Type : 10 Year(s) |
| Revised Exercise/Conversion Period Type : 0 Year(s) |
| Exercise/ Strike/ Conversion Price : MYR 0.6000 |
| Revised Exercise/ Strike/ Conversion Price : MYR 0.0000 |
| Exercise/ Conversion Ratio : 1 Warrant : 1 Pantech Share |
| Revised Exercise/ Conversion Ratio : |
| Mode of Satisfaction of Exercise/Conversion Price : Cash |
| Settlement Type/ Convertible into : Physical (Shares) |
| Remarks : The Warrants are issued free pursuant to the renounceable rights |
| issue of RM74,841,040 nominal value of ICULS of 7-year 7% irredeemable |
| convertible unsecured loan stocks ("ICULS") at 100% of its nominal value on the |
| basis of two (2) RM0.10 nominal value of ICULS for every one (1) existing |
| ordinary share of RM0.20 each held in Pantech together with 74,841,040 Warrants |
| on the basis of one (1) Warrant for every ten (10) ICULS subscribed for. |
| Any Warrant which has not been exercised on the Maturity Date will lapse and |
| cease to be valid for any purpose. |
| This announcement is dated 23 December 2010. |
|
