ADJUSTMENTS TO THE EXERCISE PRICE AND NUMBER OF OUTSTANDING WARRANTS 2013/2023 IN SERSOL BERHAD ("SERSOL" OR THE "COMPANY") ("ADJUSTMENTS") CONSTITUTED BY THE DEED POLL DATED 15 MARCH 2013 ("DEED POLL") ("WARRANT(S) A") PURSUANT TO THE BONUS ISSUE OF UP TO 384,227,375 NEW ORDINARY SHARES IN SERSOL ("SERSOL SHARE(S)" OR "SHARE(S)") ("BONUS SHARE(S)") ON THE BASIS OF 7 BONUS SHARES FOR EVERY 8 EXISTING SERSOL SHARES HELD AT 5.00 P.M. ON 4 JULY 2022 ("ENTITLEMENT DATE") ("BONUS ISSUE OF SHARES")
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 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:
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....