Adjustment
| GENTINGC99: CW GENTING BERHAD (AM) |
| Entitlement subject | Adjustment |
| Entitlement description | Entitlement description ADJUSTMENT TO THE TERMS AND CONDITIONS OF THE EUROPEAN STYLE NON-COLLATERALISED CASH-SETTLED CALL WARRANTS OVER ORDINARY SHARES OF GENTING BERHAD ("GENTING") ("GENTING SHARES") ("GENTINGC99") PURSUANT TO A SPECIAL SINGLE-TIER DIVIDEND OF 8.5 SEN PER ORDINARY SHARE ("SPECIAL DIVIDEND"). |
| EX-date | 12 Mar 2021 |
| Entitlement date | 15 Mar 2021 |
| Entitlement time | 5:00 PM |
| Financial Year End | 31 Dec 2020 |
| 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 | 15 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 | 0.0000 : 0.0000 |
| Rights Issue/Offer Price | |
| Par Value (if applicable) | |
| Registrar or Service Provider name, address, telephone no |
TRICOR INVESTOR & ISSUING HOUSE SERVICES SDN BHD Unit 32-01, Level 32, Tower A, Vertical Business Suite, Avenue 3, Bangsar South, No. 8, Jalan Kerinchi 59200 Kuala Lumpur Wilayah Persekutuan Malaysia Tel:0327839299 Fax:0327839222 |
| Remarks : |
In accordance with Part 1 Section 6.1(d) of the Deed Poll dated 3 August 2020, the base prospectus dated 13 August 2020 ("Base Prospectus") and the Term Sheet governing the terms and conditions of the GENTINGC99 dated 22 January 2021, the terms and condition of GENTINGC99 will be correspondingly adjusted based on the formula below:
(I) Adjusted Exercise Ratio = E x [(P-D) / P]
(II) Adjusted Exercise Price = X x [(P-D) / P]
whereby:-
P = Closing price of GENTING Share on the last market day on which GENTING Share is traded on a cum-entitlement basis.
D = RM0.085, being the Special Dividend per one (1) GENTING Share held.
X = RM4.60, being the existing Exercise Price of GENTINGC99 immediately prior to the Special Dividend.
E = 9, being the existing Exercise Ratio of GENTINGC99 immediately prior to the Special Dividend.
We shall make the announcement on the actual adjustments to GENTINGC99 on the Last Cum Date.
No adjustment shall be made to the Exercise Ratio or the Exercise Price if the adjustment would amount to less than 2% of the Exercise Ratio or the Exercise Price being changed.
This announcement is dated 26 February 2021. |
Announcement Info
| Company Name | GENTINGC99: CW GENTING BERHAD (AM) |
| Stock Name | GENTINGC99 |
| Date Announced | 26 Feb 2021 |
| Category | Entitlement(Notice of Book Closure) |
| Reference Number | ENT-26022021-00013 |