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Amended Announcements Please refer to the earlier announcement reference number: LIP-19082021-00001
ADJUSTMENTS TO THE EXERCISE PRICE AND NUMBER OF OUTSTANDING WARRANTS 2021/2024 OF AE MULTI HOLDINGS BERHAD ("AEM" OR THE "COMPANY") ("WARRANTS B") AS SPECIFIED IN THE DEED POLL DATED 1 JULY 2021 ("DEED POLL B"), PURSUANT TO THE CONSOLIDATION OF EVERY 10 EXISTING ORDINARY SHARES IN AEM ("AEM SHARES" OR "SHARES") INTO 1 AEM SHARE ("CONSOLIDATED SHARE") HELD AT 5.00 P.M. ON 21 FEBRUARY 2024 ("ENTITLEMENT DATE") ("SHARE CONSOLIDATION") ("ADJUSTMENTS")
Pursuant to the Adjustments, (i) the existing exercise price of Warrants B of RM0.05 each will be revised to RM0.50 each; and (ii) the existing number of 1,081,720,597 Warrants B as at the Entitlement Date will be adjusted into 108,172,049 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 22 February 2024, being the next market day following the Entitlement Date. Further, in accordance with the provisions of the Deed Poll B, the Adjustments will take effect from 22 February 2024. 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 21 February 2024.