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OWG-WA

Adjustment

Amended Announcements
Please refer to the earlier announcement reference number: ENT-28102020-00001

ONLY WORLD GROUP HOLDINGS BERHAD

Entitlement subject Adjustment
Entitlement description
ADJUSTMENTS TO THE EXERCISE PRICE AND NUMBER OF OUTSTANDING WARRANTS 2018/2023 IN ONLY WORLD GROUP HOLDINGS BERHAD ("OWG" OR "COMPANY") ("WARRANTS A") PURSUANT TO THE RENOUNCEABLE RIGHTS ISSUE OF UP TO 160,259,996 NEW ORDINARY SHARES IN OWG ("OWG SHARE(S)") ("RIGHTS SHARE(S)") AT AN ISSUE PRICE OF RM0.21 PER RIGHTS SHARE TOGETHER WITH UP TO 80,129,998 FREE DETACHABLE WARRANTS IN OWG ("WARRANTS B") ON THE BASIS OF 2 RIGHTS SHARES TOGETHER WITH 1 FREE WARRANT B FOR EVERY 5 EXISTING OWG SHARES HELD AS AT 5.00 P.M. ON 3 NOVEMBER 2020 ("ADJUSTMENTS") ("RIGHTS ISSUE WITH WARRANTS")
EX-date 02 Nov 2020
Entitlement date 03 Nov 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 03 Nov 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 0.1488 : 1.0000
Rights Issue/Offer Price
Par Value (if applicable)
Registrar or Service Provider name, address, telephone no TRICOR INVESTOR & ISSUING HOUSE SERVICES SDN BHD
Unit 32-01, Level 32, Tower A,
Vertical Business Suite, Avenue 3, Bangsar South,

No. 8, Jalan Kerinchi

59200 Kuala Lumpur

Wilayah Persekutuan

Malaysia

Tel:0327839299
Fax:0327839222


Remarks :
The notice of book closure in relation to the Rights Issue with Warrants had been announced by OWG on 16 October 2020.

Holders of outstanding Warrants A ("Warrant(s) A Holders") who wish to be entitled to the Rights Shares with Warrants should exercise their Warrants A by lodging their duly completed Warrants A exercise forms together with the relevant exercise subscription monies with the Share Registrar, Tricor Investor & Issuing House Services Sdn Bhd, on or before 5.00 p.m. on 23 October 2020. This is to enable their names to appear in the Companys Record of Depositors by 5.00 p.m. on 3 November 2020.

The Warrant A Holders who have not exercised their outstanding Warrants A and whose names appear in the Record of Depositors for the outstanding Warrants A as at 5.00 p.m. on 3 November 2020 would be entitled to the Adjustments.

The additional Warrants A will be listed and quoted simultaneously with the Rights Shares and Warrants B. The notice to Warrant A Holders setting out the details of the adjustments to the Warrants A and the notice of allotment of additional Warrants A will be despatched to the Warrant A Holders in due course.

This amended announcement is due to the amendment to the entitlement date of the adjustments to the Warrants A.

This announcement is dated 30 October 2020.


Announcement Info

Company Name ONLY WORLD GROUP HOLDINGS BERHAD
Stock Name OWG-WA
Date Announced 30 Oct 2020
Category Entitlement(Notice of Book Closure)
Reference Number ENT-30102020-00003


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