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BONUS ISSUE OF 130,499,994 NEW WARRANTS IN COMPUTER FORMS (MALAYSIA) BERHAD ("CFM" OR THE "COMPANY") ("WARRANTS") ON THE BASIS OF 1 WARRANT FOR EVERY 2 ORDINARY SHARES IN CFM ("CFM SHARES" OR "SHARES") HELD AT 21 DECEMBER 2022 ("BONUS ISSUE OF WARRANTS")
Each Warrant carries the entitlement to subscribe for 1 new CFM Share at the exercise price of RM1.16 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 dated 20 December 2022. Any Warrants 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 falls on a non-market day, then it will fall on the preceding market day. The announcement is dated 29 December 2022.