Title | EXERCISE OF WARRANTS | |
Type | Convertible Securities | |
Specific Shareholder's Approval Required? | No | |
Description | The Board of Directors of OKP Holdings Limited (the "Company") wishes to announce that the number of issued ordinary shares of the Company has increased from 307,002,710 ordinary shares (excluding treasury shares) to 307,220,210 ordinary shares (excluding treasury shares) by way of the allotment and issue of 217,500 new ordinary shares pursuant to the exercise of 217,500 warrants at the exercise price of $0.20 on 24 December 2012. These new shares rank pari passu in all respects with the existing shares of the Company, and they were listed and quoted on the Singapore Exchange Securities Trading Limited today. There are 1,894,050 outstanding warrants remaining after the aforesaid exercise. |