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Amended Announcements Please refer to the earlier announcement reference number: LIP-09042021-00001
ADJUSTMENT TO THE EXERCISE PRICE AND THE NUMBER OF OUTSTANDING WARRANTS A OF CITAGLOBAL BERHAD (FORMERLY KNOWN AS WZ SATU BERHAD) ("CITAGLOBAL" OR "COMPANY") ("WARRANTS A") PURSUANT TO THE CONSOLIDATION OF EVERY 5 EXISTING ORDINARY SHARES IN CITAGLOBAL ("CITAGLOBAL SHARES" OR "SHARES") INTO 1 CITAGLOBAL SHARE ("CONSOLIDATED SHARE") HELD AT 5.00 P.M. ON 3 MARCH 2023 ("ENTITLEMENT DATE") ("SHARE CONSOLIDATION") ("ADJUSTMENTS")
Pursuant to the Adjustments, (i) the existing exercise price of Warrants A of RM0.28 each will be revised to RM1.40 each; (ii) the existing number of 183,241,446 Warrants A as at the Entitlement Date will be adjusted into 36,648,073 Warrants A (after disregarding the fractional entitlements arising from the Adjustments), which will be listed and quoted on the Main Market of Bursa Malaysia Securities Berhad on 6 March 2023, being the next market day following the Entitlement Date. The Adjustments will take effect from 6 March 2023, being the next Market Day following the Entitlement Date. The notice to the holders of Warrants A (setting out the details of the Adjustments) will be despatched in due course. This announcement is dated 3 March 2023.