Contact us
Bonus issue of 356,894,609 warrants of Sunzen Biotech Berhad ("Sunzen") ("Warrants") on the basis of 1 Warrant for every 2 existing ordinary shares in Sunzen held as 5.00 p.m. on 8 September 2022 ("Entilement Date") ("Bonus Issue of Warrants")
Each Warrant carries the entitlement to subscribe for 1 new ordinary share in Sunzen at any time during the exercise period as indicated above ("Exercise Period") at the exercise price of RM0.20, subject to the adjustments in accordance with the provisions of the deed poll constituting the Warrants dated 25 August 2022. Any Warrants which are not exercised during the Exercise Period will thereafter lapse and cease to be valid and shall be cancelled and treated to have been cancelled forthwith. This announcement is dated 20 September 2022.