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Amended Announcements Please refer to the earlier announcement reference number: LIP-28122021-00001
CLASSITA HOLDINGS BERHAD (FORMERLY KNOWN AS CAELY HOLDINGS BHD) ("CLASSITA") ADJUSTMENTS TO THE EXERCISE PRICE AND NUMBER OF THE OUTSTANDING WARRANTS 2021/2024 ("WARRANTS B") IN ACCORDANCE WITH THE PROVISIONS OF THE DEED POLL DATED 20 DECEMBER 2021 PURSUANT TO THE RENOUNCEABLE RIGHTS ISSUE OF UP TO 965,398,515 NEW ORDINARY SHARES IN CLASSITA ("CLASSITA SHARES" OR "SHARES") ("RIGHTS SHARES") ON THE BASIS OF 5 RIGHTS SHARES FOR EVERY 2 EXISTING SHARES HELD BY THE ENTITLED SHAREHOLDERS OF CLASSITA AS AT 5.00 P.M. ON 14 JUNE 2023 ("ENTITLEMENT DATE"), TOGETHER WITH UP TO 579,239,109 FREE DETACHABLE WARRANTS ("WARRANTS C") ON THE BASIS OF 3 WARRANTS C FOR EVERY 5 RIGHTS SHARES SUBSCRIBED FOR, AT AN ISSUE PRICE OF RM0.10 PER RIGHTS SHARE ("RIGHTS ISSUE") ("ADJUSTMENTS")
Pursuant to the Adjustments, the number of 33,947,702 Warrants B as at the Entitlement Date had been adjusted into 72,654,397 Warrants B (after disregarding the fractional entitlements arising from the Adjustments), whereby the additional 38,706,695 Warrants B will be listed and quoted on the Main Market of Bursa Malaysia Securities Berhad on 14 July 2023. The exercise price of the outstanding Warrants B is hereby adjusted from RM0.35 to RM0.16 on 14 July 2023. The additional Warrants B arising from the Adjustments were issued based on the entitlement ratio of 1.1402: 1.0000 (additional Warrants B: existing number of outstanding Warrants B as at the Entitlement Date). The notice setting out the details of the Adjustments to the holders of Warrants B was despatched to entitled Warrant B holders on 11 July 2023. This announcement is dated 13 July 2023.