Spsetia wb - worth to consider

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New conversion price: 2.99
Current price: 1.22



Projected results out 17 June 2011 ( some one say is 9th June)

Listing Information & Profile
Reference No SP-110523-62965

Company Name
:
S P SETIA BERHAD  
Stock Name
:
SPSETIA  
Date Announced
:
23/05/2011  

Instrument Type
:
Warrants
Description
:
SPSETIA - WB
Listing Date
:
28/01/2008
Issue Date
:
22/01/2008
Issue/ Ask Price
:
MYR 0.3000
Issue Size Indicator
:
Unit
Issue Size in Unit
:
246,327,565
Maturity Date
:
21/01/2013
Revised Maturity Date
:

Exercise/ Conversion Period
:
5.00 Year(s)
Revised Exercise/ Conversion Period
:
0.00
Exercise/Strike/Conversion Price
:
MYR 4.4800
Revised Exercise/Strike/Conversion Price
:
MYR 2.9900
Exercise/ Conversion Ratio
:
1 warrant : 1 S P Setia share
Revised Exercise/ Conversion Ratio
:

Mode of satisfaction of Exercise/ Conversion price
:
Cash
Settlement Type/ Convertible into
:
Physical (Shares)

Remarks :
Pursuant to a bonus issue exercise undertaken by the Company which was completed on 22 April 2011, the exercise price for the warrants was adjusted from RM4.48 to RM2.99 while an additional 78,176,263 new warrants issued were listed and quoted on 22 April 2011.