Adjustment

[DIGISTA-WB] Adjustment on 27-May-2022

Announcement Date: 13-May-2022
Related Stock:
DIGISTA
DIGISTAR CORPORATION BHD
Share Registrar:
DIGISTA
DIGISTAR CORPORATION BHD
FY: 30-Sep-2022
Amount

1.0000 : 3.0000

  • Ex Date
    27-May-2022
  • Entitlement Date
    30-May-2022
Description
ADJUSTMENTS TO THE EXERCISE PRICE AND THE NUMBER OF THE OUTSTANDING WARRANTS 2013/2023 ("WARRANT(S) B") OF DIGISTAR CORPORATION BERHAD ("DIGISTAR" OR THE "COMPANY") IN ACCORDANCE WITH THE PROVISIONS OF THE DEED POLL DATED 4 MARCH 2013 ("DEED POLL B") PURSUANT TO THE CONSOLIDATION OF EVERY 3 ORDINARY SHARES IN DIGISTAR ("DIGISTAR SHARE(S)") INTO 1 DIGISTAR SHARE ("CONSOLIDATED SHARE(S)") AS AT 5.00 P.M. ON 30 MAY 2022 ("SHARE CONSOLIDATION") ("ADJUSTMENTS")

About DIGISTAR CORPORATION BHD
Digistar Corp Bhd engages in the design, supply, installation, and integration of information technology and telecommunications systems; and provision of broadcast engineering services. Through its subsidiaries, it operates through the following segments: Systems Integration; Trading; Maintenance Income; Investment Holding; Concession; Central Security Monitoring Services; Rental; Property Development; and Hotel Management of which Concession segment accounts for a majority of revenue. Its Concession segment involves the concession arrangement between the Group and Government of Malaysia for the privatization of the design, development, construction, and completion of the Facilities and Infrastructure for Jabatan Kerja Raya.

How to be entitled
To be entitled for any of the above, you need to purchase the shares one trading day before the ex-Date. You will not be entitled for the above if you purchase the shares on or after the ex-Date.

On ex-Date, the price will be adjusted to reflect the theoretical market price of the stock after the entitlement. You can sell the shares on / after ex-Date and still be entitled to the corporate exercise. The key is to purchase the shares before ex-Date.
How to subscribe
Shareholders that fulfill the requirement above will need to fill in and submit the right subscription form to the share registrar:

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