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Amended Announcements Please refer to the earlier announcement reference number: OS-150105-55440
ADJUSTMENTS TO THE NUMBER AND EXERCISE PRICE OF OUTSTANDING WARRANTS 2014/2024 ("WARRANTS A") AS SPECIFIED IN THE DEED POLL DATED 6 NOVEMBER 2014 ("DEED POLL"), AS A CONSEQUENCE OF THE CONSOLIDATION OF EVERY 5 ORDINARY SHARES IN PUC BERHAD ("PUC" OR THE "COMPANY") ("PUC SHARES") INTO 1 CONSOLIDATED SHARE AT 5.00 P.M. ON 6 MARCH 2020 ("BOOKS CLOSURE DATE") ("SHARE CONSOLIDATION")
Pursuant to the Share Consolidation, the exercise price of the outstanding Warrants A will be revised from RM0.10 to RM0.50 each while 26,552,111 Consolidated Warrants will be listed and quoted on the ACE Market of Bursa Malaysia Securities Berhad on 9 March 2020 (collectively referred to as the "Adjustments"). Further, in accordance with the provisions of the Deed Poll, the Adjustments takes effect after 5.00 p.m., 6 March 2020, being the entitlement date for the Share Consolidation. The notice to the holders of the Warrants A (setting out the details of the Adjustments) will be despatched in due course. This announcement is dated 6 March 2020.