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Exercise Of Warrants

BackJan 07, 2013

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 307,220,210 ordinary shares (excluding treasury shares) to 307,739,584 ordinary shares (excluding treasury shares) by way of the allotment and issue of 519,374 new ordinary shares pursuant to the exercise of 519,374 warrants at the exercise price of $0.20 on 2 January 2013. 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 1,374,676 outstanding warrants remaining after the aforesaid exercise. Any unexercised warrants as at 5.00 p.m. on 4 January 2013 had expired and ceased to be valid for any purpose whatsoever.