Amedia oh AMEDIA

IF you buy at 0.43, the price will change to 0.215. ( ex bonus price Buy 1 free 1)

And free 1 warrant for you. Exercise at 0.25.

Assume warrant traded at 30% premium,

It should worth 8 cents for the warrant.

Verdict: Buy amedia.

Company Name
:
ASIA MEDIA GROUP BERHAD (ACE Market) 
Stock Name
:
AMEDIA  
Date Announced
:
12/12/2012  


Type
:
Announcement
Subject
:
NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
COMBINATION OF NEW ISSUE OF SECURITIES

Description
:
ASIA MEDIA GROUP BERHAD (“AMEDIA” OR THE “COMPANY”)

(I) BONUS ISSUE OF SHARES; AND
(II) FREE WARRANTS ISSUE.

(COLLECTIVELY REFERRED TO AS THE “PROPOSALS”)

Announcement Details/Table Section :



We refer to the announcements made on 5 October 2012, 17 October 2012, 31 October 2012, 2 November 2012, 9 November 2012, 12 November 2012 and 5 December 2012 in relation to the Proposals (“Announcements”). Unless otherwise defined, the definitions set out in the Announcements shall apply herein.

On behalf of the Board, TA Securities wishes to announce that AMEDIA had executed a deed poll constituting the Free Warrants today and resolved to fix the exercise price of the Warrants at RM0.25 each. The exercise price per Warrant represents a premium of RM0.0378 over the theoretical ex-bonus price of RM0.2122 due to the Bonus Issue of Shares based on the five (5)-day volume weighted average market price of AMEDIA Shares up to and including 11 December 2012 of RM0.4243.

This announcement is dated 12 December 2012.