VIVOCOM-WB - Notice of Book Closure

Adjustments made to the exercise price and number of outstanding warrants 2013/ 2018 in Vivocom Intl Holdings Berhad ("Vivocom") constituted by a deed poll dated 19 August 2013 ("Deed Poll B") ("Warrant(s) B") pursuant to the bonus issue of up to 870,311,821 new ordinary shares of RM0.10 each in Vivocom ("Vivocom Share(s)" or "Share(s)") ("Bonus Share(s)") to be credited as fully paid-up on the basis of one (1) Bonus Share for every four (4) existing Vivocom Shares held at 5.00 p.m. on 7 September 2016 ("Bonus Issue") in accordance with the provisions of the Deed Poll B ("Adjustments").

Kindly be advised of the following:

1)    The above Company’s securities will be traded and quoted “[Ex-Bonus Issue]” as from: 5 September 2016
2)    The last date of lodgment : 7 September 2016
3)    Retention Money: Where securities are not delivered in time for registration by the seller, then the brokers concerned:-
        a)    Selling Broker to deduct <1/5>, of Selling Price against the Selling Client
        b)    Buying Broker to deduct <20%>, of Purchase Price against the Buying Client
        c)    Between Broker and Broker, the deduction of <1/5>, of the Transacted Price is applicable.

Remarks 1):- "Bursa Malaysia Securities Bhd would like to clarify that on the basis of settlement taking place on 8 September 2016 with adjustment to the number of outstanding VIVOCOM-WB shares, any shareholder who is entitled to receive VIVOCOM-WB additional shares may now sell any or all of his VIVOCOM-WB shares arising from adjustment consequent to the bonus issue beginning the Ex-Date (5 September 2016). 

For example, if Mr X purchases 400 VIVOCOM-WB shares on cum basis on 2 September 2016, Mr X should receive 400 shares on 7 September 2016. Consequent to a bonus issue, a total of 500 VIVOCOM-WB shares will be credited into Mr X's CDS account on the night of 7 September 2016 being the Book Closing Date. Therefore, Mr X can sell the VIVOCOM-WB shares of 500 on or after the Ex-Date ie from 5 September 2016 onwards." 

Remarks 2: The exercise price of the Warrants B will be adjusted which will be rounded up to the nearest one (1) sen, in accordance with the provisions of the Deed Poll B while additional Warrants B consequential to the Bonus Issue will be allotted and issued, the basis of the additional Warrants B which shall be determined on the entitlement date, to the entitled Warrant B holders of the Company whose names appear in the Record of Depositors at 5.00 p.m. on the entitlement date. Any adjustments to the number of Warrants B will be rounded downwards to the nearest whole Warrant B. The final number of additional Warrants B to be issued and allotted will depend on the number of outstanding Warrants B which have yet to be exercised as at the entitlement date and shall be listed and quoted simultaneously with the Bonus Shares on 8 September 2016. The notice to Warrant B holders setting out the details of the adjustments and the notice of allotment of the additional Warrants B will be despatched in due course.