Adjustment
| MYEG-C4K: CW MY E.G. SERVICES BERHAD (MACQ) |
| Entitlement subject | Adjustment |
| Entitlement description | ADJUSTMENTS TO THE TERMS AND CONDITIONS OF EUROPEAN STYLE NON-COLLATERALIZED CASH SETTLED CALL WARRANTS EXPIRING ON 28 NOVEMBER 2023 OVER ORDINARY SHARES ("SHARES") OF MY E.G. SERVICES BERHAD ("MYEG") ("MYEG-C4K") PURSUANT TO A DISTRIBUTION OF 14,275,248 ORDINARY SHARES IN AGMO HOLDINGS BERHAD ("AGMO"), REPRESENTING MYEGS 4.39% EQUITY INTEREST IN AGMO, HELD THROUGH MY E.G. CAPITAL SDN BHD, TO THE ENTITLED SHAREHOLDERS OF MYEG ("ENTITLED SHAREHOLDERS") BY WAY OF DIVIDEND-IN-SPECIE ("DIVIDEND-IN-SPECIE") |
| EX-date | 05 Sep 2023 |
| Entitlement date | 06 Sep 2023 |
| Entitlement time | 5:00 PM |
| Financial Year End | |
| Period of interest payment | to |
| Share transfer book & register of members will be | to closed from (both dates inclusive) for the purpose of determining the entitlement |
| Payment date | |
| a.Securities transferred into the Depositor's Securities Account before 4:30 pm in respect of transfers | 06 Sep 2023 |
| b.Securities deposited into the Depositor's Securities Account before 12:30 pm in respect of securities exempted from mandatory deposit | |
| c. Securities bought on the Exchange on a cum entitlement basis according to the Rules of the Exchange. | |
| Number of new
shares/securities issued (units) (If applicable) |
|
| Entitlement indicator | Ratio |
| Ratio | 0.0000 : 0.0000 |
| Rights Issue/Offer Price | |
| Par Value (if applicable) | |
| Registrar or Service Provider name, address, telephone no |
MACQUARIE CAPITAL SECURITIES (MALAYSIA) SDN BHD 10th floor, Menara Hap Seng No. 1 & 3, Jalan P. Ramlee 50250 Kuala Lumpur Wilayah Persekutuan Malaysia Tel:0320598840 Fax:0320321889 |
| Remarks : |
Effective 05 September 2023, the Exercise Price and Exercise Ratio will be adjusted based on the following formulae (and rounded to the nearest 4 dp): (i) Adjusted Exercise Price = X x (P-D) / P (ii) Adjusted Exercise Ratio = E x (P-D) / P P = Closing price of the Share on the last Market Day on which the Shares are traded on a cum-entitlement basis D = Closing price of ordinary shares of AGMO on the Market Day before the ex-date multiplied by 0.0019*. X = RM 0.800, being the existing Exercise Price immediately prior to the Dividend-in-Specie E = 1.8, being the existing Exercise Ratio immediately prior to the Dividend-in-Specie No adjustments shall be made if the formulae stated above results in an adjustment which would amount to less than 2% of the Exercise Ratio and/or Exercise Price being changed. * Subject to change if the total issued share capital of MYEG (excluding treasury shares) changes from now to adjustment. |
Announcement Info
| Company Name | MYEG-C4K: CW MY E.G. SERVICES BERHAD (MACQ) |
| Stock Name | MYEG-C4K |
| Date Announced | 24 Aug 2023 |
| Category | Entitlement(Notice of Book Closure) |
| Reference Number | ENT-24082023-00005 |