As per the above link, it is understood that the board of directors of JKH has resolved and announced the following:
1) Rights issue at a price of LKR 175
2) Warrant#1 at an exercise price of LKR 185(after 2 years)
3) Warrant#2 at an exercise price of LKR 195(after 3 years)
How did the board of directors derive these values? What is implied by these values? As @ August 28, 2013, the 52-week low is LKR 197. As @ August 2013, 2013, the market price is LKR 208.