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 264,630,985 ordinary shares (excluding treasury shares) to 264,752,985 ordinary shares (excluding treasury shares) by way of the allotment and issue of 122,000 new ordinary shares pursuant to the exercise of 122,000 warrants at the exercise price of $0.20 on 16 August 2010. 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 on 18 August 2010. There are 44,361,275 outstanding warrants remaining after the aforesaid exercise. |