If wct-wd trade less than 20 cents worth to buy.
WCT - Profile for Warrants
Announcement Type: Listing Information & Profile
| Company Name | WCT BERHAD |
| Stock Name | WCT-WD |
| Date Announced | 19 Dec 2012 |
| Category | Listing Information & Profile |
| Reference No | OI-121219-54243 |
| Instrument Type | Warrants |
| Description | WCT-WD issued pursuant to the Bonus Issue of Warrants |
| Listing Date | 20/12/2012 |
| Issue Date | 12/12/2012 |
| Issue/ Ask Price | Not Applicable |
| Issue Size Indicator | Unit |
| Issue Size in Unit | 164,829,282 |
| Maturity Date | 11/12/2017 |
| Revised Maturity Date | |
| Exercise/ Conversion Period | 5.00Year(s) |
| Revised Exercise/ Conversion Period |  |
| Exercise/Strike/Conversion Price | MYR 2.2500 |
| Revised Exercise/Strike/Conversion Price | |
| Exercise/ Conversion Ratio | 1 Warrant : 1 WCT Share |
| Revised Exercise/ Conversion Ratio | |
| Mode of satisfaction of Exercise/ Conversion price | Cash |
| Settlement Type/ Convertible into | Physical (Shares) |
| Remarks : |
The free warrants in WCT Berhad ("WCT") ("WCT-WD") are issued to the entitled shareholders of WCT on the basis of one (1) WCT-WD for every five (5) ordinary shares of RM0.50 each in WCT ("WCT Share(s)") held on 10 December 2012 ("Bonus Issue of Warrants").
Each WCT-WD carries the entitlement to subscribe for one (1) new WCT Share at the exercise price (as indicated above) and at any time during the exercise period (as indicated above) ("Exercise Period") subject to the adjustments in accordance with the provisions of the deed poll dated 27 November 2012, constituting the WCT-WD. Any WCT-WD not exercised during the Exercise Period will thereafter lapse and cease to be valid for any purpose.
This announcement is dated 19 December 2012. |
