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Warrants 2017/2022 issued pursuant to a renouncable rights issue with warrants ("Warrants")
The Warrants may be exercised any time during the tenure of the Warrants of 5 years including and commencing from the issue date of the Warrants and ending at 5.00 p.m. on the Expiry Date (being a date being 5 years from and including the date of issue of the Warrants, provided that if such day falls on a day which is not a market day, then on the preceding market day). Each Warrant carries the entitlement to subscribe for 1 new ORION Share at the exercise price of RM0.17 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. Any Warrant not exercised during the Exercise Period will thereafter lapse and cease to be valid for any purpose and shall be cancelled. This announcement is dated 1 August 2017.