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Warrants 2017/2022 issued pursuant to the Bonus Issue of Warrants
The warrant(s) 2017/2022 ("Warrant(s)") are issued for free to the shareholders of VisDynamics Holdings Berhad ("VHB") pursuant to the bonus issue of 42,138,150 Warrants on the basis of 1 Warrant for every 4 existing ordinary shares in VHB ("VHB Share(s)") held after the completion of the Bonus Issue of Shares ("Bonus Issue of Warrants"). Each Warrant carries the entitlement to subscribe for 1 new VHB Share at the exercise price of RM0.75, which shall be satisfied in cash and at any time during the exercise period as indicated above ("Exercise Period") subject to the adjustments in accordance with the provisions of the deed poll dated 31 October 2017. Any Warrants not exercised during the Exercise Period will thereafter lapse and cease to be valid for any purpose. This announcement is dated 21 November 2017.