NOTICE TO HOLDERS OF WARRANTS 2010/2015 IN RELATION TO THE ADJUSTMENTS TO THE EXERCISE PRICE AND THE NUMBER OF OUTSTANDING WARRANTS 2010/2015 OF KPJ ("OUTSTANDING WARRANT(S)") IN ACCORDANCE WITH THE DEED POLL DATED 29 OCTOBER 2009 PURSUANT TO THE FOLLOWING:-
(I) BONUS ISSUE OF 327,279,946 NEW ORDINARY SHARES OF RM0.50 EACH IN KPJ ("KPJ SHARES(S)") ("BONUS SHARE(S)") ON THE BASIS OF ONE (1) BONUS SHARE FOR EVERY TWO (2) EXISTING KPJ SHARES HELD AS AT 5.00 P.M. ON 26 DECEMBER 2013 ("ENTITLEMENT DATE"); AND
(II) RENOUNCEABLE RIGHTS ISSUE OF 43,637,326 NEW KPJ SHARES (“RIGHTS SHARE(S)”) ON THE BASIS OF ONE (1) RIGHTS SHARE FOR EVERY FIFTEEN (15) EXISTING KPJ SHARES HELD ON THE ENTITLEMENT DATE, TOGETHER WITH 87,274,652 FREE DETACHABLE NEW WARRANTS (“NEW WARRANT(S)”) ON THE BASIS OF TWO (2) NEW WARRANTS FOR EVERY ONE (1) RIGHTS SHARE SUBSCRIBED, AT AN ISSUE PRICE OF RM2.80
(“ADJUSTMENTS”) (“NOTICE”)
We refer to the Notice dated 10 January 2014 in respect of the Adjustments.
On behalf of the Board of Directors of KPJ, RHB Investment Bank Berhad wishes to highlight to the Warrantholders on the certain amendments made in relation to the Notice, details of which are in the attachment below.
