G3-WA
Adjustment
| G3 GLOBAL BERHAD |
| Entitlement subject | Adjustment |
| Entitlement description | UP TO 451,774,848 ADDITIONAL WARRANTS 2017/2022 TO BE ISSUED ARISING FROM ADJUSTMENT TO THE OUTSTANDING WARRANTS 2017/2022 OF G3 GLOBAL BERHAD HELD AT 5.00 P.M. ON 24 MARCH 2021 PURSUANT TO A BONUS ISSUE EXERCISE |
| EX-date | 23 Mar 2021 |
| Entitlement date | 24 Mar 2021 |
| Entitlement time | 5:00 PM |
| Financial Year End | 31 Dec 2021 |
| Period of interest payment | to |
| Share transfer book & register of members will be | to closed from (both dates inclusive) for the purpose of determining the entitlement |
| Payment date | |
| a.Securities transferred into the Depositor's Securities Account before 4:30 pm in respect of transfers | 24 Mar 2021 |
| b.Securities deposited into the Depositor's Securities Account before 12:30 pm in respect of securities exempted from mandatory deposit | |
| c. Securities bought on the Exchange on a cum entitlement basis according to the Rules of the Exchange. | |
| Number of new
shares/securities issued (units) (If applicable) |
|
| Entitlement indicator | Ratio |
| Ratio | 3.0000 : 1.0000 |
| Rights Issue/Offer Price | Malaysian Ringgit (MYR) 0.0000 |
| Par Value (if applicable) | Malaysian Ringgit (MYR) 0.0000 |
| Registrar or Service Provider name, address, telephone no |
AGRITEUM SHARE REGISTRATION SERVICES SDN BHD 2nd Floor, Wisma Penang Garden 42, Jalan Sultan Ahmad Shah 10050 Pulau Pinang Malaysia Tel:042282321 Fax:042272391 |
| Remarks : |
The Board of Directors of G3 Global Berhad has resolved (by majority decision) to fix the entitlement date of the Bonus Issue on 24 March 2021 ("Entitlement Date").
Approval from Bursa Malaysia Securities Berhad for the Bonus Issue was obtained on 8 January 2021. Shareholders' approval for the Bonus Issue was obtained on 5 February 2021. The Additional Warrants will be listed and quoted simultaneously with the Bonus Shares on 25 March 2021, being the next market day after the Entitlement Date.
The Additional Warrants shall be allotted to entitled warrantholders of G3 Global Berhad whose name appear in the Record of Warrantholders of G3 Global Berhad at 5.00 p.m. on Entitlement Date. The actual number of Additional Warrants to be issued and allotted would depend on the outstanding number of Warrants which have yet to be exercised as at the Entitlement Date.
Further, the exercise price of the Warrants will be adjusted from RM0.10 to RM0.03 each.
The warrantholders must exercise their respective outstanding Warrants and lodge their duly completed and signed exercise form with the exercise monies with the Share Registrar by 5.00 p.m. on 15 March 2021 in order to be entitled to the Bonus Issue.
This announcement is dated 8 March 2021. |
Announcement Info
| Company Name | G3 GLOBAL BERHAD |
| Stock Name | G3-WA |
| Date Announced | 08 Mar 2021 |
| Category | Entitlement(Notice of Book Closure) |
| Reference Number | ENT-08032021-00007 |