OMESTI-WC
Adjustment
| OMESTI BERHAD |
| Entitlement subject | Adjustment |
| Entitlement description | ADJUSTMENTS TO THE EXERCISE PRICE AND NUMBER OF OUTSTANDING WARRANTS 2021/2026 ("WARRANTS C") IN OMESTI BERHAD ("OMESTI") AS CONSTITUTED BY THE DEED POLL DATED 16 FEBRUARY 2021 ("DEED POLL C") PURSUANT TO THE RENOUNCEABLE RIGHTS ISSUE OF UP TO 789,036,071 NEW ORDINARY SHARES IN OMESTI ("SHARES") ("RIGHTS SHARES") ON THE BASIS OF 1 RIGHTS SHARE FOR EVERY 1 EXISTING SHARE HELD AS AT 5.00 P.M. ON 10 OCTOBER 2025 AT AN ISSUE PRICE OF RM0.08 PER RIGHTS SHARE, TOGETHER WITH UP TO 315,614,428 FREE DETACHABLE WARRANTS IN OMESTI ("WARRANTS D") ON THE BASIS OF 2 WARRANTS D FOR EVERY 5 RIGHTS SHARES SUBSCRIBED FOR ("RIGHTS ISSUE") ("ADJUSTMENTS") |
| EX-date | 09 Oct 2025 |
| Entitlement date | 10 Oct 2025 |
| Entitlement time | 5:00 PM |
| Financial Year End | 30 Sep 2025 |
| 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 | 10 Oct 2025 |
| 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 | 0.1697 : 1.0000 |
| Rights Issue/Offer Price | Malaysian Ringgit (MYR) 0.0000 |
| Par Value (if applicable) | Malaysian Ringgit (MYR) 0.0000 |
| Registrar or Service Provider name, address, telephone no |
BINA MANAGEMENT (M) SDN BHD Lot 10, The Highway Centre Jalan 51/205 46050 Petaling Jaya Selangor Malaysia Tel:0377843922 Fax:0377841988 |
| Remarks : |
The Notice of Book Closure in relation to the Rights Issue had been announced by the Company separately today.
Holders of Warrants C who wish to be entitled to the Rights Shares with Warrants D must exercise their Warrants C into new Shares by lodging their duly completed exercise forms together with the relevant subscription monies with the Share Registrar, Bina Management (M) Sdn Bhd, on or before 5.00 p.m. on 29 September 2025. This is to enable the new Shares arising from such exercise to be alloted to the respective holders of Warrants C such that their name will appear on the Record of Depositors of Omesti by 5.00 p.m. on 10 October 2025.
Holders of Warrants C who have not exercised their outstanding Warrants C and whose name appear in the Record of Depositors for the outstanding Warrants C as at 5.00 p.m. on 10 October 2025 would be entitled to the Adjustments.
The entitlement ratio indicated above is for illustration only based on the issued share capital of the Company as at 5.00 p.m. on 25 September 2025 (the market day preceding to this announcement) and assuming all entitled shareholders subscribe for their respective entitlements under the Rights Issue. The actual number of additional Warrants C to be issued and the adjusted exercise price of Warrants C pursuant to the Adjustments shall be finalised at a later date prior to the listing of and quotation for the Rights Shares with Warrants D on the Main Market of Bursa Malaysia Securities Berhad ("Bursa Securities").
The additional Warrants C will be listed and quoted simultaneously with the Rights Shares and Warrants D on the Main Market of Bursa Securities. The notice setting out the details of the Adjustments will be issued and despatched to the entitled holders of Warrants C in due course.
This announcement is dated 26 September 2025. |
Announcement Info
| Company Name | OMESTI BERHAD |
| Stock Name | OMESTI-WC |
| Date Announced | 26 Sep 2025 |
| Category | Entitlement(Notice of Book Closure) |
| Reference Number | ENT-22092025-00010 |