Warrant exercise date

Any good advice on this counter??

Sentiment drop, will recover

so OSK worth price?

good to heading

rebound

We refer to our announcements made on 19 March 2012, 20 April 2012, 9 May 2012, 16 May 2012 and 28 May 2012 in relation to the Proposals.

On behalf of the Board of Directors of SKP, OSK Investment Bank Berhad wishes to announce that SKP had on 1 June 2012 fixed the exercise price of the Free Warrants to be issued under the following step-up mechanism:

(i) upon issuance of the Free Warrants up to (but excluding) the second anniversary of the issue date – RM0.45 per SKP Share, which represents a premium of approximately 29.68% to the theoretical ex-bonus price (computed based on the five (5)-day weighted average market price of SKP Shares up to and including 31 May 2012) of RM0.3470 per SKP Share (“Theoretical Ex-Bonus Price”).
(ii) exercise at any time on and from the second anniversary of the issue date up to (but excluding) the fourth anniversary date – RM0.55 per SKP Share, which represents a premium of approximately 58.50% over the Theoretical Ex-Bonus Price.

(iii) exercise at any time on and from the fourth anniversary of the issue date up to the maturity date of the Free Warrants – RM0.65 per SKP Share, which represents a premium of approximately 87.32% over the Theoretical Ex-Bonus Price.

This announcement is dated 1 June 2012.

good counter to enter?

good buy

vrooom

good to buy?

good movement after award?

good movement?

any movement?

impressed

any movement?

any movement?