OTHERS VSOLAR GROUP BERHAD ("VSOLAR" or the "Company") EXPIRY AND LAST DATE FOR THE EXERCISE OF WARRANTS 2012/2017

VSOLAR GROUP BERHAD

Type Announcement
Subject OTHERS
Description
VSOLAR GROUP BERHAD ("VSOLAR" or the "Company") 
EXPIRY AND LAST DATE FOR THE EXERCISE OF WARRANTS 2012/2017

VSOLAR wishes to announce that pursuant to the terms and conditions of the Deed Poll dated 16 October 2012 constituting the Warrants 2012/2017 ("Warrants A"), the subscription rights of the Warrants A will expire at 5.00 p.m. on Thursday, 30 November 2017 (“Expiry Date”). Warrant holders should note that all outstanding Warrants A which are not exercised by 5.00 p.m. on the Expiry Date will lapse and become null and void and cease to be exercisable thereafter.

The important relevant dates and times in relation to the expiry of the Warrants A are listed in the table below:-

Last date and time for trading of Warrants A

   Tuesday, 14 November 2017 at 5.00 p.m.

Date and time of suspension of trading of Warrants A

   Wednesday, 15 November 2017 at 9.00 a.m.

Last date and time for the exercise of Warrants A

   Thursday, 30 November 2017 at 5.00 p.m.

Date and time of delisting of Warrants A

   Monday, 4 December 2017 at 9.00 a.m.

Removal of Warrants A from the Official List of Bursa Malaysia Securities Berhad

   Monday, 4 December 2017 at 9.00 a.m.

The notice to the Warrant holders in relation to the expiry and last date for exercise of the Warrants A will be despatched to all Warrant holders on Friday, 27 October 2017 (“Notice”). 

Please refer to the attached advertisement on the summary of the Notice for further details.

Remarks: Pursuant to the Deed Poll, the Expiry Date shall be at the close of business at 5 p.m. in Malaysia on the last day of the Exercise Period provided that if such day falls on a day which is not a Market Day, then on the preceding Market Day. Hence the Expiry Date shall be on 30 November 2017.

This announcement is dated 26 October 2017.




Please refer attachment below.



Announcement Info

Company Name VSOLAR GROUP BERHAD
Stock Name VSOLAR
Date Announced 26 Oct 2017
Category General Announcement for PLC
Reference Number GA1-24102017-00105