Adjustment
| QL-C10: CW QL RESOURCES BERHAD (RHB) |
| Entitlement subject | Adjustment |
| Entitlement description | ADJUSTMENTS TO THE TERMS AND CONDITIONS OF THE NON-COLLATERALISED EUROPEAN-STYLE CASH SETTLED CALL WARRANTS OVER ORDINARY SHARES OF QL RESOURCES BERHAD ("QL") ("QL-C10") PURSUANT TO A BONUS ISSUE OF UP TO 1,216,828,569 NEW ORDINARY SHARES IN QL ("BONUS SHARE(S)") ON THE BASIS OF 1 BONUS SHARE FOR EVERY 2 EXISTING ORDINARY SHARES IN QL HELD BY THE SHAREHOLDERS OF QL AT 5.00 P.M. ON 18 SEPTEMBER 2024 ("ENTITLEMENT DATE") ("BONUS ISSUE") |
| EX-date | 17 Sep 2024 |
| Entitlement date | 18 Sep 2024 |
| Entitlement time | |
| 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 | 18 Sep 2024 |
| 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 |
BOARDROOM SHARE REGISTRARS SDN BHD 11th Floor, Menara Symphony No. 5, Jalan Prof. Khoo Kay Kim (Jalan Semangat) Seksyen 13 46200 Petaling Jaya Selangor Malaysia Tel:0378904700 Fax:0378904670 |
| Remarks : |
In accordance with Condition 2, Part 1 of the Deed Poll dated 11 October 2023 - Adjustment of Exercise Price, Underlying Index, Exercise Level and/or Exercise Ratio, the Exercise Ratio and Exercise Price of QL-C10 will be adjusted in accordance with the following formula: Adjustment pursuant to Bonus Issue 1. Adjusted Exercise Ratio = E / (1 + N) 2. Adjusted Exercise Price = X / (1 + N) Whereby in respect of this Condition 2.1.1(a)(i) and (ii): X: RM6.9000; being the existing Exercise Price immediately prior to the Bonus Issue N: 0.5000, being the number of additional Share (whether a whole or a fraction) received by a holder of existing QL Share for each share of QL held prior to the Bonus Issue E: 7.0000, being the existing Exercise Ratio immediately prior to the Bonus Issue For avoidance of doubt, reference should be made to the Base Prospectus dated 20 October 2023, the First Supplementary Base Prospectus dated 19 December 2023, the Second Supplementary Base Prospectus dated 26 February 2024, the Third Supplementary Base Prospectus dated 29 March 2024, the Fourth Supplementary Base Prospectus dated 21 May 2024, the Fifth Supplementary Base Prospectus dated 17 July 2024 and the Sixth Supplementary Base Prospectus dated 29 August 2024 and the terms and conditions therein shall prevail. RHBIB, as the issuer of QL-C10, will make a further announcement should there be any updates in due course. This announcement is dated 4 September 2024. |
Announcement Info
| Company Name | QL-C10: CW QL RESOURCES BERHAD (RHB) |
| Stock Name | QL-C10 |
| Date Announced | 04 Sep 2024 |
| Category | Entitlement(Notice of Book Closure) |
| Reference Number | ENT-04092024-00002 |