HOMERIZ-WB - Notice of Book Closure

Adjustment to the exercise price and number of outstanding warrants 2019/2022 in Homeritz Corporation Berhad ("Homeritz") ("Warrants B") constituted by the deed poll dated 14 June 2019 ("Deed Poll") pursuant to the bonus issue of up to 93,753,102 new ordinary shares in Homeritz ("Bonus Shares") on the basis of 1 Bonus Share for every 4 existing ordinary shares held in Homeritz ("Shares") at 5.00 p.m. on 15 December 2020 ("Entitlement Date")
 

Further to Reference No.ILC-02122020-00003, kindly be advised of the following :

Kindly be advised of the following : 

1)  The above Company's securities will be traded and quoted "Ex - Adjustment” as from: 14 Dec 2020 (Remain unchanged)
2)  The last date of lodgment : 15 Dec 2020 (Remain unchanged)

Remarks 1 :-

"Bursa Malaysia Securities Bhd would like to clarify that on the basis of settlement taking place on 15 December 2020 with adjustment to the number of outstanding HOMERIZ-WB shares, any shareholder who is entitled to receive HOMERIZ-WB additional shares may now sell any or all of his HOMERIZ-WB shares arising from adjustment consequent to the bonus issue beginning the Ex-Date (14 December 2020). 

For example, if Mr X purchases 400 HOMERIZ-WB shares on cum basis on 11 December 2020, Mr X should receive 400 shares on 15 December 2020. Consequent to a bonus issue, a total of 500 HOMERIZ-WB shares will be credited into Mr X's CDS account on the night of 15 December 2020 being the Book Closing Date. Therefore, Mr X can sell the HOMERIZ-WB shares of 500 on or after the Ex-Date ie from 14 December 2020 onwards." 

Remarks 2:
Following the Bonus Issue, the exercise price and number of outstanding Warrants B shall be adjusted in accordance with the provisions of the Deed Poll ("Adjustments").

The additional Warrants B arising from the Adjustments ("Additional Warrants B") will be allotted and issued to the holders of Warrants B whose names appear in the Record of Depositors at 5.00 p.m. on the Entitlement Date. 

The actual number of Additional Warrants B to be issued and allotted will depend on the outstanding number of Warrants B which have yet to be exercised into new Shares as at the Entitlement Date. 

The Additional Warrants B will be listed and quoted simultaneously with the Bonus Shares on the Main Market of Bursa Malaysia Securities Berhad ("Bursa Securities") on 16 December 2020, being 1 market day after the Entitlement Date. 

The Share Registrar of Homeritz will issue and despatch the notices of allotment of the Additional Warrants B to all entitled shareholders of Homeritz within 4 market days after the date of the listing and quotation of the Additional Warrants B on the Main Market of Bursa Securities.

Holders of Warrants B who wish to be entitled to the Bonus Shares shall exercise their rights to subscribe for new Shares by lodging their duly completed exercise forms together with the relevant subscription monies with the Share Registrar of Homeritz (at the address stated above) on or before 5.00 p.m. on Friday, 11 December 2020 such that their names will appear in the Record of Depositors at 5.00 p.m. on the Entitlement Date. This announcement supercedes the announcement dated 1 December 2020.