Monday 26 January 2015

TIH Limited Warrants

Back in May2014: in a 3-for-1 Bonus Wrts Issue: A total of 702,942,318 Bonus Wrts were issued & listed on 19-May2014 

At the end of First Excercise Period (from 19-May2014 to 19-Nov2014)
only a total of 5,511,479 wrts were excercised - that's a mere 0.8% out of the 702.9m Bonus wrts issued.

So today we still have 697,430,839 outstanding TIH wrts left (this is almost THREE TIMEs the current TIH issued shares at 241,685,638 shrs) 

The Second Exercise Period for the Wrts, will be from "19 May2016 to 19 May2017", and the new Excercise Price will be $2.28 SGD per share.

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