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Amended Announcements Please refer to the earlier announcement reference number: LIP-16072021-00001
ADJUSTMENTS TO THE EXERCISE PRICE AND NUMBER OF OUTSTANDING WARRANTS 2021/2024 OF PASUKHAS GROUP BERHAD ("PASUKHAS" OR THE "COMPANY") ("WARRANTS A") AS SPECIFIED IN THE DEED POLL DATED 3 JUNE 2021 ("DEED POLL A") PURSUANT TO THE CONSOLIDATION OF EVERY 10 EXISTING ORDINARY SHARES IN PASUKHAS ("PASUKHAS SHARES" OR "SHARES") INTO 1 PASUKHAS SHARE ("CONSOLIDATED SHARE") HELD AT 5.00 P.M. ON 18 APRIL 2023 ("ENTITLEMENT DATE") ("SHARE CONSOLIDATION") ("ADJUSTMENTS")
Pursuant to the Adjustments, (i) the existing exercise price of Warrants A of RM0.10 each will be revised to RM1.00 each; and (ii) the existing number of 578,660,588 Warrants A as at the Entitlement Date will be adjusted into 57,865,978 Warrants A (after disregarding the fractional entitlements arising from the Adjustments) which will be listed and quoted on the ACE Market of Bursa Malaysia Securities Berhad on 19 April 2023, being the next market day following the Entitlement Date. Further, in accordance with the provisions of the Deed Poll A, the Adjustments will take effect from 19 April 2023. The notice to the holders of Warrants A (setting out the details of the Adjustments) will be despatched in due course. This announcement is dated 18 April 2023.