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DSONIC-WA

Adjustment

DATASONIC GROUP BERHAD

Entitlement subject Adjustment
Entitlement description
ADJUSTMENTS TO THE EXERCISE PRICE AND NUMBER OF OUTSTANDING WARRANTS 2018/2023 IN DATASONIC GROUP BERHAD ("DATASONIC" OR "COMPANY") ("WARRANTS A") IN ACCORDANCE WITH THE DEED POLL DATED 18 JUNE 2018 CONSTITUTING THE WARRANTS A ("DEED POLL") PURSUANT TO THE BONUS ISSUE OF UP TO 2,176,875,000 NEW ORDINARY SHARES IN DATASONIC ("DATASONIC SHARES") ("BONUS SHARES") ON THE BASIS OF 1 BONUS SHARE FOR EVERY 1 DATASONIC SHARE HELD AS AT 5.00 P.M. ON 1 OCTOBER 2020 ("ENTITLEMENT DATE") ("BONUS ISSUE")
EX-date 30 Sep 2020
Entitlement date 01 Oct 2020
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 01 Oct 2020
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 1.0000 : 1.0000
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 :
Warrant A holders are advised to read this notice of book closure together with the Company's announcement dated 17 September 2020 in relation to the notice of book closure for the Bonus Issue. 

Following the Bonus Issue, the exercise price and the number of outstanding Warrants A shall be adjusted in accordance with the provisions of the Deed Poll ("Adjustments"). 

Additional Warrants A arising from the Adjustments ("Additional Warrants A") will be allotted and issued to the holders of the Warrants A whose names appear in the Record of Depositors at 5.00 p.m. on the Entitlement Date. 

The actual number of the Additional Warrants A to be issued and allotted would depend on the number of outstanding Warrants A which have yet to be exercised into new Datasonic Shares as at the Entitlement Date. 

The Additional Warrants A will be listed and quoted simultaneously with the Bonus Shares on the Main Market of Bursa Malaysia Securities Berhad on 2 October 2020, being the next market day immediately after the Entitlement Date. The notice to the holders of Warrants A setting out the details of the Adjustments as well as the notice of allotment of the Additional Warrants A will be despatched in due course. 

Holders of the Warrants A who wish to be entitled to the Bonus Shares shall exercise their rights to subscribe for new Datasonic Shares by lodging their duly completed exercise forms together with relevant subscription monies with Datasonic's share registrar (at the address stated above) on or before 5.00 p.m. on 21 September 2020 such that their names will appear in the Record of Depositors for Datasonic Shares at 5.00 p.m. on the Entitlement Date. 

This announcement is dated 17 September 2020.


Announcement Info

Company Name DATASONIC GROUP BERHAD
Stock Name DSONIC-WA
Date Announced 17 Sep 2020
Category Entitlement(Notice of Book Closure)
Reference Number ENT-11092020-00003


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