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ADJUSTMENT TO 2013/2018 WARRANTS
On 23 December 2015, the exercise price of the warrant was adjusted from RM0.22 to RM1.10 and
number of outstanding warrants were adjusted from 412,021,415 to 82,404,283 pursuant to par
value reduction and the share consolidation. The warrants issued are constituted under a Deed Poll
executed by the Company.
The movements of the warrants during the financial year are as follows:
Entitlement for ordinary shares of RM0.10 each
At
Share
At
1.1.2015
Issued Exercised consolidated 31.12.2015
Number of
unexercised
Warrants
412,021,415
–
– (329,617,132) 82,404,283
There were no other changes in the authorised, issued and paid-up capital of the Company during
the financial year.
There were no shares and debentures issued during the financial year.
OPTIONS GRANTED OVER UNISSUED SHARES
No options were granted to any person to take up unissued shares of the Company during the
financial year.
DIRECTORS
The Directors who served on the Board of the Company since the date of the last report are:
Dato’ Wong Shee Kai
Datuk Seri Syed Ali bin Tan Sri Abbas Alhabshee
Yeong Siew Lee
Paul Jong Jun Hian
(Appointed on 10.02.2015)
Dato’ Hussian @ Rizal bin A Rahman
(Resigned on 10.02.2015)
pg.
49
Asia Media Group Berhad
►
Annual Report 2015
Directors’ Report
(continued)