We refer to the announcement dated 31 July 2023 in relation to the Proposed Share Consolidation (“Announcement”). Unless otherwise defined, the definitions set out in the Announcement shall apply herein.
On behalf of the Board, TA Securities is pleased to announce that Bursa Securities had, vide its letter dated 8 August 2023, approved the following:
(i) Proposed Share Consolidation;
(ii) listing and quotation of up to 273,302,259 Consolidated Shares (assuming all of the 621,430,198 outstanding warrants 2020/2025 (“Warrants B”) are exercised into new Green Ocean Shares prior to the implementation of the Proposed Share Consolidation); and
(iii) listing and quotation of up to 62,143,019 consolidated Warrants B (assuming none of the 621,430,198 outstanding Warrants B are exercised prior to the implementation of the Proposed Share Consolidation).
Green Ocean and TA Securities are required to make the relevant announcements pursuant to Rules 6.57(2)(ii) and (iii) of the ACE Market Listing Requirements of Bursa Malaysia Securities Berhad.
This announcement is dated 8 August 2023.