R&A Telecommunication Group Bhd
+603 55691801 +603 55695730
Listing Information & Profile
Reference No OI-120328-55548

 

Submitting Merchant Bank
:
OSK INVESTMENT BANK BERHAD  
Company Name
:
R&A TELECOMMUNICATION GROUP BERHAD (ACE Market) 
Stock Name
:
RA  
Date Announced
:
28/03/2012  

 

Admission Sponsor
:
OSK Investment Bank Bhd
Sponsor
:
Same as above

 

Instrument Type
:
Warrants
Description
:
Warrants issued pursuant to the Bonus Issue of Warrants
Listing Date
:
29/03/2012
Issue Date
:
23/03/2012
Issue/ Ask Price
:
MYR 0.0000
Issue Size Indicator
:
Unit
Issue Size in Unit
:
87,896,600
Maturity Date
:
22/03/2017
Revised Maturity Date
:
Exercise/ Conversion Period
:
5.00Year(s)
Revised Exercise/ Conversion Period
:
Exercise/Strike/Conversion Price
:
MYR 0.1700
Revised Exercise/Strike/Conversion Price
:
Exercise/ Conversion Ratio
:
1 Warrant : 1 R&A Share
Revised Exercise/ Conversion Ratio
:
Mode of satisfaction of Exercise/ Conversion price
:
Cash
Settlement Type/ Convertible into
:
Physical (Shares)

 

Remarks :
The Warrants are issued to the entitled shareholders of R&A Telecommunication Group Berhad (formerly known as KZen Solutions Berhad) ("R&A") on the basis of one (1) free Warrant for every ten (10) existing ordinary shares of RM0.10 each in R&A ("R&A Share(s)") held at 5.00 p.m. on 22 March 2012.

Each Warrant carries the entitlement to subscribe for one (1) new R&A Share at the exercise price of RM0.17 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 8 March 2012, constituting the Warrants. Any Warrants not exercised during the Exercise Period will thereafter lapse and cease to be valid for any purpose.


This announcement is dated 28 March 2012.