Fitters oh Fitters wa
Company Name
:
FITTERS DIVERSIFIED BERHAD
Stock Name
:
FITTERS
Date Announced
:
08/10/2010
Instrument Type
:
Warrants
Description
:
65,578,592 Warrants pursuant to Right Issue of Warrants and additional 32,789,296 new Warrants adjustment pursuant to Bonus Issue on the basis of 1 : 2
Listing Date
:
05/12/2007
Issue Date
:
28/11/2007
Issue/ Ask Price
:
MYR 0.1000
Issue Size Indicator
:
Unit
Issue Size in Unit
:
98,367,888
Maturity Date
:
27/11/2012
Revised Maturity Date
:
Exercise/ Conversion Period
:
5.00 Year(s)
Revised Exercise/ Conversion Period
:
Exercise/Strike/Conversion Price
:
MYR 0.8000
Revised Exercise/Strike/Conversion Price
:
MYR 0.5300
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 Warrants 2007/2012 were initially issued with the exercise price of RM0.80 but was revised to RM0.53 on 28th September 2010 as announced by MIMB Investment Bank Berhad on 27th September 2010 pursuant to the Bonus Issue of 72,136,054 new ordinary shares of RM0.50 each (“Shares”) (“Bonus Shares”) on the basis of one (1) Bonus Share for every two (2) existing Shares held at 5.00 p.m. on 27 September 2010, together with an allotment of 32,789,296 new Warrants 2007/2012 on the basis of one (1) new Warrants for every two (2) existing Warrants held at 5.00 p.m. on 27 September 2010.