Adjustment
| PMB TECHNOLOGY BERHAD |
| Entitlement subject | Adjustment |
| Entitlement description | Adjustments to the number and exercise price of outstanding warrants 2018/2023 ("Warrants 2018/2023") as specified in the deed poll dated 30 May 2018 ("Deed Poll") ("Adjustments"), as a consequence of the bonus issue of up to 1,296,774,800 new ordinary shares in PMB Technology Berhad ("PMBT" or the "Company") ("PMBT Shares") ("Bonus Shares") on the basis of 4 Bonus Shares for every 1 existing PMBT Share held as at 5.00 p.m. on 28 April 2022 ("Entitlement Date") ("Bonus Issue") |
| EX-date | 27 Apr 2022 |
| Entitlement date | 28 Apr 2022 |
| Entitlement time | 5:00 PM |
| Financial Year End | 31 Dec 2022 |
| 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 | 28 Apr 2022 |
| 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 | 4.0000 : 1.0000 |
| 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 : |
The holders of the Warrants 2018/2023 must exercise their respective outstanding Warrants 2018/2023 and lodge their duly completed and signed exercise form with the exercise monies with the Share Registrar by 5.00 p.m. on 18 April 2022 in order to be entitled to the Bonus Issue.
The additional Warrants 2018/2023 to be issued arising from the Adjustments ("Additional Warrants 2018/2023") shall be allotted to the entitled Warrant 2018/2023 holders of the Company whose names appear in the Record of Depositors for Warrants 2018/2023 on 28 April 2022 on the basis of 4 Warrants 2018/2023 for every 1 Warrant 2018/2023 held.
Fractional entitlements arising from the Adjustments, if any, shall be disregarded and/or dealt with in such manner as the Board of Directors of the Company in its sole and absolute discretion deems fit and expedient and in the best interests of the Company.
The Additional Warrants 2018/2023 will be listed and quoted on the Main Market of Bursa Malaysia Securities Berhad ("Bursa Securities") on 29 April 2022, being the next market day following the Entitlement Date.
The notice of allotment for the Additional Warrants 2018/2023 will be despatched to the entitled Warrants 2018/2023 holders not later than 4 market days after the date of listing and quotation of the Additional Warrants 2018/2023 on Bursa Securities. The notice to the holders of Warrants 2018/2023 (setting out the details of the Adjustments) will be despatched in due course.
This announcement is dated 8 April 2022. |
Announcement Info
| Company Name | PMB TECHNOLOGY BERHAD |
| Stock Name | PMBTECH-WA |
| Date Announced | 08 Apr 2022 |
| Category | Entitlement(Notice of Book Closure) |
| Reference Number | ENT-07042022-00004 |