33 SHARE CAPITAL (CONTINUED)
(b) Warrants
(i) Warrants (2010/2015)
On 15 January 2010, the Company issued up to 131,906,635 free warrants on the basis of one (1) free warrant
for every four (4) shares held by the entitled shareholders of the Company.
The new shares issued arising from the Warrants (2010/2015) exercised shall upon issue and allotment, rank pari
passu in all respects.
Each new warrant (2010/2015) is entitled at any time during the exercise period, to subscribe for one (1) new
ordinary share at the exercise price of RM1.13.
Set out below are details of the Warrants (2010/2015) issued by the Company during the financial year:
Number of Warrants 2010/2015
Issuance date Expiry date
Exercise
price
RM/share
1.1.2015
‘000
Expired
‘000
Exercised
‘000
31.12.2015
‘000
15 January 2010 12 January 2015
1.13
2,250
(85)
(2,165)
–
The Warrants (2010/2015) expired on 12 January 2015.
(ii) Warrants (2014/2019)
On 29 January 2014, Warrants 2014/2019 were issued for free to the subscribers of the renounceable rights issue
of 43,637,326 new ordinary shares of RM0.50 each in the Company’s Rights Shares on the basis of one (1) Rights
Share for every fifteen (15) existing shares held by the entitled shareholders of the Company, together with
87,274,652 free detachable new warrants (“Warrants 2014/2019”) on the basis of two (2) Warrants 2014/2019
for every one (1) Rights Share subscribed at an issue price of RM4.01 per Rights Share (“Rights Issue”).
Each new warrant (2014/2019) is entitled at any time during the exercise period, to subscribe for one (1) new
ordinary share at the exercise price of RM4.01.
Set out below are details of the Warrants (2014/2019) issued by the Company during the financial year:
Number of Warrants 2014/2019
Issuance date
Expiry date
Exercise
price
RM/share
1.1.2015
‘000
Exercised
‘000
31.12.2015
‘000
21 January 2014
23 January 2019
4.01
87,275
(699)
86,576
314
NOTES TO THE
FINANCIAL STATEMENTS
FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2015 (CONTINUED)
