Page 151 - S P Setia Annual Report 2013
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Annual Report 2013 S P SETIA BERHAD GROUP Financial Statements | 149





NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2013 (CONT’D)






23. SHaRe caPital (cOnt’D)
Warrants 2008/2013

Pursuant to the terms and conditions stipulated in the Deed Poll executed on 19 November 2007, the Exercise Rights to exercise the
Warrants expired on 21 January 2013. Unexercised Warrants have been reversed from the Warrants Reserve accordingly.


24. ReDeemaBle SeRial BOnDS (unsecured)
On 23 November 2007, the Company issued RM500 million nominal value of 2.00% redeemable serial bonds (“Bonds”) in 2 series, as follows:

Series nominal value maturity date
Rm’000

1 250,000 23 November 2010
2 250,000 23 November 2012
Interest on the Bonds at 2.00% per annum is payable semi-annually in arrears with the last payment on the date of maturity of the Bonds.

Group/company
2013 2012
Rm’000 Rm’000

Serial Bond 2 - 250,000
Less: Unamortised discount - (416)
- 249,584
Redeemable within the next 12 months - (249,584)
Redeemable later than 12 months - -

The redeemable serial bonds are payable as follows:
Group/company
2013 2012
Rm’000 Rm’000

Not later than one year - 249,584
Later than one year but not later than fve years - -
- 249,584


The Serial Bond 2 was fully redeemed upon its maturity on 23 November 2012.
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