Listing Circular
LISTING'S CIRCULAR NO. L/Q : 54679 OF 2009
Company Name : GREEN PACKET BERHAD
Stock Name : GPACKET
Date Announced : 30/09/2009
Subject : GPACKET-Renounceable Rights Issue of up to 208,320,775 new ordinary shares of RM0.20 each in GPACKET ("Rights Shares") together with up to 208,320,775 free detachable new warrants ("Warrants") on the basis of one (1) Rights Share with one (1) warrant for every two (2) existing ordinary shares of RM0.20 each in GPACKET ("Rights Issue with Warrants")
Contents : Kindly be advised that GPACKET's:-
(i) additional 197,613,775 Rights Shares issued at RM0.50 per Rights Share, pursuant to the Right Issue with Warrants will be granted listing and quotation with effect from 9.00 a.m., Friday, 2 October 2009; and
(ii) 197,613,775 Warrants issued pursuant to the Rights Issue with Warrants will be admitted to the Official List of Bursa Securities and the listing and quotation of these Warrants on the Main Market under the "Loans" sector, will be granted with effect from 9.00 a.m., Friday, 2 October 2009, on a "Ready" basis pursuant to the Rules of Bursa Securities.
The Stock Short Name, ISIN Code and Stock Number of the Warrants are "GPACKET-WA", MYQ0082WAO98" and "0082WA" respectively.
Kindly also be advised that the Warrants are prescribed securities. Dealings in the Warrants shall be carried out in accordance with the Securities Industry (Central Depositories) Act, 1991 and the Rules of Bursa Malaysia Depository Sdn Bhd.
Kindly also be reminded that only "free securities" can be utilised for settlement of trades involving the aforesaid Warrants.
confirmed listing @ RM0.20 and depend on market respond on tomorrow. Maybe opening price will @RM0.195 or higher? Since this is 5 years maturity then why not just keep it as investment?