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09-07-2013, 04:16 PM
Would like to find out more abt Tat Hong and their warrants.
From SGX:
EXPIRY OF WARRANTS ON
2 AUGUST2013
AT 5.00 P.M.
Warrantholders are reminded that in accordance with the terms and conditions of the Warrants, the rights to
subscribe for new ordinary shares (the"New Shares") in the capital of the Company will expire at 5.00 p.m.on2 August2013, after which time, any rights comprised in the Warrants which have not been exercised will lapse and the Warrants will cease to be valid for any purpose whatsoever.
EXERCISE PRICE
The exercise price of the Warrants is S$2.50 for each new share.
The warrant means that you can buy the company shares at $2.50 whereas currently Tat Hong is trading at $1.185?
Also, how do I find out how many new shares will be "created" thru this warrant? This will surely cause a significant dilution in all aspects of the company?
From SGX:
EXPIRY OF WARRANTS ON
2 AUGUST2013
AT 5.00 P.M.
Warrantholders are reminded that in accordance with the terms and conditions of the Warrants, the rights to
subscribe for new ordinary shares (the"New Shares") in the capital of the Company will expire at 5.00 p.m.on2 August2013, after which time, any rights comprised in the Warrants which have not been exercised will lapse and the Warrants will cease to be valid for any purpose whatsoever.
EXERCISE PRICE
The exercise price of the Warrants is S$2.50 for each new share.
The warrant means that you can buy the company shares at $2.50 whereas currently Tat Hong is trading at $1.185?
Also, how do I find out how many new shares will be "created" thru this warrant? This will surely cause a significant dilution in all aspects of the company?
Patience is a virtue.