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HARN LEN CORPORATION BHD ("HLCB" OR THE "COMPANY") ADJUSTMENTS TO THE EXERCISE PRICE AND NUMBER OF OUTSTANDING WARRANTS 2019/2026 OF HLCB ("WARRANTS 2019/2026") CONSTITUTED BY THE DEED POLL DATED 26 AUGUST 2019 PURSUANT TO THE BONUS ISSUE OF 340,210,888 NEW ORDINARY SHARES IN HLCB ("HLCB SHARES" OR "SHARES") ("BONUS SHARES") ON THE BASIS OF 8 BONUS SHARES FOR EVERY 5 EXISTING HLCB SHARES HELD AS AT 5.00 P.M. ON 9 JANUARY 2023 ("BONUS ISSUE OF SHARES") ("ADJUSTMENTS")
Pursuant to the Adjustments, 55,064,378 Additional Warrants 2019/2026 will be listed and quoted on Main Market of Bursa Securities with effect from 9.00 a.m. on 10 January 2023 and the exercise price of the Warrants 2019/2026 will be adjusted from RM0.60 to RM0.23 each. The notice to the Warrants Holders (setting out the details of the Adjustments) will be despatched in due course. This announcement is dated 9 January 2023.