TRC SYNERGY
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NEWS DETAILS
 
22 Jul 2011
Warrants 2011/2016 ("Warrants B") to be issued pursuant to the Bonus Issue of Warrants
 
Listing Information & Profile
Reference No MI-110722-42144

Submitting Merchant Bank
:
KENANGA INVESTMENT BANK BERHAD  
Company Name
:
TRC SYNERGY BERHAD  
Stock Name
:
TRC-WB  
Date Announced
:
22/07/2011  

Instrument Type
:
Warrants
Description
:
Warrants 2011/2016 ("Warrants B") to be issued pursuant to the Bonus Issue of Warrants
Listing Date
:
25/07/2011
Issue Date
:
15/07/2011
Issue/ Ask Price
:
MYR 0.0000
Issue Size Indicator
:
Unit
Issue Size in Unit
:
93,495,995
Maturity Date
:
14/07/2016
Revised Maturity Date
:
Exercise/ Conversion Period
:
5.00 Year(s)
Revised Exercise/ Conversion Period
:
0.00
Exercise/Strike/Conversion Price
:
MYR 0.6100
Revised Exercise/Strike/Conversion Price
:
MYR 0.0000
Exercise/ Conversion Ratio
:
one (1) Warrants B : one (1) TRC ordinary share of RM0.50 each
Revised Exercise/ Conversion Ratio
:
Mode of satisfaction of Exercise/ Conversion price
:
Cash
Settlement Type/ Convertible into
:
Physical (Shares)

Remarks :
The Warrants B are issued to the entitled shareholders of TRC Synergy Berhad ("TRC" or the "Company") on the basis of one (1) free Warrant B for every five (5) ordinary shares of RM0.50 each in TRC held on the entitlement date of 15 July 2011, after taking into account the Company's share subdivision and bonus issue of share exercises completed on 18 July 2011.

Each Warrant B carries the entitlement to subscribe for one (1) new ordinary share of RM0.50 each in TRC at the exercise price of RM0.61 and at any time during the exercise period, subject to the adjustments in accordance with the provisions of the deed poll constituting the Warrants B dated 12 July 2011. Any Warrant B not exercised during the exercise period will thereafter lapse and cease to be valid for any purpose.


This announcement is dated 22 July 2011.