CGB-WA
Adjustment
| CENTRAL GLOBAL BERHAD |
| Entitlement subject | Adjustment |
| Entitlement description | Adjustment to the exercise price and number of outstanding Warrants in Central Global Berhad ("CGB" or "Company") ("Warrant(s) A") constituted by the Deed Poll dated 5 July 2022 ("Deed Poll A") pursuant to the Share Split involving the subdivision of every 1 existing ordinary share in CGB ("CGB Share(s)" or "Share(s)") held at 5:00 p.m. on 8 March 2024 ("Share Split Entitlement Date") into 4 subdivided CGB Shares ("Split Share(s)") ("Share Split"). |
| EX-date | 07 Mar 2024 |
| Entitlement date | 08 Mar 2024 |
| Entitlement time | 5:00 PM |
| Financial Year End | 31 Dec 2024 |
| 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 | 08 Mar 2024 |
| 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 | 4.0000 : 1.0000 |
| Rights Issue/Offer Price | |
| Par Value (if applicable) | |
| Registrar or Service Provider name, address, telephone no |
MEGA CORPORATE SERVICES SDN BHD Level 15-2, Bangunan Faber Imperial Court Jalan Sultan Ismail 50250 Kuala Lumpur Wilayah Persekutuan Malaysia Tel:0326924271 Fax:0327325388 |
| Remarks : |
The Share Split will give rise to adjustments to the exercise price and number of outstanding Warrants A in accordance with the provisions of the Deed Poll A ("Adjustments").
The outstanding Warrants A will be subdivided on the basis of every 1 Warrant A held by the entitled holders of Warrants A (whose names appear in the Record of Depositors of the Company at 5:00 p.m. on the Share Split Entitlement Date) ("Entitled Warrant A Holder(s)") into 4 Warrants A ("Split Warrant(s) A").
The actual number of Split Warrants A would depend on the number of outstanding Warrants A as at the Share Split Entitlement Date.
Further, pursuant to the Adjustments, the existing exercise price of Warrants A of RM0.80 each will be adjusted to RM0.20 each.
The Split Warrants A will be listed and quoted on the Main Market of Bursa Malaysia Securities Berhad ("Bursa Securities") on 11 March 2024, being the next market day following the Share Split Entitlement Date.
The notices of allotment of the Split Warrants A will be issued and despatched to the Entitled Warrant A Holders at the address set out in the Record of Depositors of the Company within 4 market days after the date of listing and quotation of the Split Warrants A on Bursa Securities. The notices setting out the details of the Adjustments will be issued and despatched to the Entitled Warrant A Holders in due course.
Holders of Warrants A who wish to be entitled to the Share Split as the Company's shareholders should exercise their rights to subscribe for new CGB Shares by lodging their duly completed exercise forms together with the relevant subscription monies with the share registrar of CGB, Mega Corporate Services Sdn Bhd, on or before 5:00 p.m. on Tuesday, 27 February 2024 such that their names will appear in the Record of Depositors of the Company as at 5:00 p.m. on the Share Split Entitlement Date.
This announcement is dated 22 February 2024. |
Announcement Info
| Company Name | CENTRAL GLOBAL BERHAD |
| Stock Name | CGB-WA |
| Date Announced | 22 Feb 2024 |
| Category | Entitlement(Notice of Book Closure) |
| Reference Number | ENT-21022024-00004 |