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BONUS ISSUE OF 1,365,365,814 NEW WARRANTS IN TA WIN HOLDINGS BERHAD ("TA WIN" OR THE "COMPANY") ("WARRANTS B") ON THE BASIS OF 2 WARRANTS B FOR EVERY 5 EXISTING ORDINARY SHARES IN TA WIN ("TA WIN SHARES" OR "SHARES") HELD BY THE ENTITLED SHAREHOLDERS OF TA WIN AT 5.00 P.M. ON 16 AUGUST 2021
Each Warrant B carries the entitlement to subscribe for 1 new Ta Win Share at the exercise price of RM0.135 at any time during the exercise period (as indicated above) ("Exercise Period"), subject to any adjustments that may be made from time to time in accordance with the provisions of the deed poll constituting the Warrants B dated 13 August 2021. Any Warrant B not exercised during the Exercise Period will thereafter lapse and cease to be valid for any purpose and shall be cancelled and treated to have been cancelled forthwith. If the maturity date of the Warrants B falls on a non-market day, then it will fall on the preceding market day. The announcement is dated 25 August 2021.