|
Instrument
Type: |
Warrants |
|
Description: |
IJM-WC |
|
Listing Date: |
28 October 2009 |
|
Issue Date: |
26
October 2009 |
|
Issue/Ask
Price: |
Malaysian Ringgit (MYR) 0.2500 |
|
Issue Size Indicator: |
Unit |
|
Issue Size in
Unit: |
132,097,381 |
|
Maturity
Date: |
24 October 2014 |
|
Exercise/Conversion Period: |
5.00 Year(s) |
|
Exercise/Strike/Conversion Price: |
Malaysian Ringgit (MYR) 4.0000 |
|
Exercise/Conversion
Ratio: |
1:1 |
|
Mode of
satisfaction of Exercise/Conversion Price: |
Cash |
|
Settlement
Type/Convertible into: |
Physical (Shares) |
Remarks:
The tentative listing date of 28
October 2009 is subject to confirmation from Bursa Malaysia Securities
Berhad.
The IJM-WC are issued pursuant to the
renounceable rights issue of 132,097,381 IJM-WC at an issue price of RM0.25
per IJM-WC on the basis of one (1) IJM-WC for every ten (10) existing ordinary
shares of RM1.00 each in the Company (“Shares”) held after the 2:5 Bonus
Issue, which entailed issuance of 377,420,983 bonus shares, at 5.00 p.m. on 1
October 2009.
The exercise price for IJM-WC is at
RM4.00 (“Exercise Price”) for every one (1) new Share, exercisable at any time
within a period of five (5) years commencing on and including the date of
issue of IJM-WC until 5.00 p.m. on the maturity date as stated above
(“Exercise Period”). The Exercise Price may from time to time be adjusted in
accordance with the provisions of the deed poll dated 18 September 2009
constituting the IJM-WC.
Each IJM-WC entitles the registered
holder to subscribe for one (1) new Share at the Exercise Price which shall be
satisfied in cash. IJM-WC not exercised during the Exercise Period will
thereafter lapse and cease to be valid for any purpose.
