CITAGLB-WB

0.560

(%)

Listing Information & Profile

Profile for Securities of PLC

Amended Announcements
Please refer to the earlier announcement reference number: LIP-07052021-00002

CITAGLOBAL BERHAD

Instrument Category Securities of PLC
Instrument Type Warrants
Description
ADJUSTMENT TO THE EXERCISE PRICE AND THE NUMBER OF OUTSTANDING WARRANTS B OF CITAGLOBAL BERHAD (FORMERLY KNOWN AS WZ SATU BERHAD) ("CITAGLOBAL" OR "COMPANY") ("WARRANTS B") 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")

1st Further Issue Information

Listing Date 06 Mar 2023
Issue Date 03 Mar 2023
Issue/ Ask Price Not Applicable
Issue Size Indicator Unit
Amount Issued under Further Issue in Unit 0
Enlarge Issue Size in Unit 12,367,913

Initial Listing Information

Listing Date 10 May 2021
Issue Date 06 May 2021
Issue/ Ask Price Not Applicable
Issue Size Indicator Unit
Issue Size in Unit 63,958,049
Maturity Mandatory
Maturity Date 05 May 2031
Revised Maturity Date
Name of Guarantor Not Applicable
Name of Trustee Not Applicable
Coupon/Profit/Interest/Payment Rate Not Applicable
Coupon/Profit/Interest/Payment Frequency Not Applicable
Redemption Not Applicable
Exercise/Conversion Period 10.00   Year(s)
Revised Exercise/Conversion Period Not Applicable
Exercise/Strike/Conversion Price Malaysian Ringgit (MYR)   0.1600
Revised Exercise/Strike/Conversion Price Malaysian Ringgit (MYR)   0.8000
Exercise/Conversion Ratio 1:1
Revised Exercise/Conversion Ratio Not Applicable
Mode of satisfaction of Exercise/ Conversion price Cash
Settlement Type/ Convertible into Physical (Shares)



Remarks :
Pursuant to the Adjustments,

(i)	the existing exercise price of Warrants B of RM0.16 each will be revised to RM0.80 each;

(ii)	the existing number of 61,839,915 Warrants B as at the Entitlement Date will be adjusted into 12,367,913 Warrants B (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 B (setting out the details of the Adjustments) will be despatched in due course. 

This announcement is dated 3 March 2023.


Announcement Info

Company Name CITAGLOBAL BERHAD
Stock Name CITAGLB-WB
Date Announced 03 Mar 2023
Category Listing Information and Profile
Reference Number LIP-02032023-00003