30. SHARE CAPITAL (CONTINUED)
(b) Free Warrants (continued)
Pursuant to the terms and conditions stipulated in the Deed Poll dated 29 October 2009, the subscription rights of the
Warrants expired on Monday, 12 January 2015. As at this expiry date, the total number of unexercised warrants is 85,514.
Hence, this completed the corporate exercise which started in 2010.
(c) Bonus Issue, Rights issue and Free Warrants
Bonus Issue (2013)
On 29 July 2013, the shareholders of KPJ Healthcare Berhad (“KPJ”), have approved the listing of Bonus Issue up to
327,279,946 new shares (“Bonus Shares”), to be credited as fully paid up by the Company, on the basis of one (1) Bonus
Share for every two (2) Shares held by the entitled shareholders of the Company on the Entitlement Date of 26 December
2013.
The transactions were completed on 27 December 2013 with listing of 327,279,946 Bonus Shares and 2,451,551 additional
warrants 2010/2015 consequential to the Bonus Issue.
Rights Issue (2014) and Free Warrants (2014/2019)
On 29 January 2014, renounceable Right Issue of 43,637,326 new ordinary shares of RM0.50 each in KPJ (“KPJ Share(s)”)
(“Right Share(s)”) on the basis of one (1) Right Share for every fifteen (15) existing KPJ Shares held as at 26 December
2013, together with 87,274,652 free detachable new warrants (“Free Warrant(s)”) on the basis of two (2) new warrants for
every one (1) Right Share subscribed at an issue price of RM2.80 per Right Share (“Right Issue”) were listed and quoted
on the Main market of Bursa Malaysia Securities Berhad.
The issue price of RM2.80 for the Right Shares represents a discount of approximately 30.17% to the theoretical ex-all
price of RM4.01 per KPJ Share (after taking into account the Bonus Issue) based on the five (5)-day volume weighted
average market price (“VWAP”) of KPJ Shares.
The transactions were completed on 29 January 2014.
Set out below are details of the Free Warrants issued by the Company:
Number of warrants 2014/2019
Issuance
date
Expiry
date
Exercise
price
RM/share
1.1.2014
‘000
Additional
‘000
Exercised
‘000
31.12.2014
‘000
29 January
23 January
2014
2019
4.01
–
87,275
–
87,275
279
Notes to the
Financial Statements
For the financial year ended 31 December 2014 (continued)
KPJ Healthcare Berhad annual report
2014
