Adjustment

[FAST-WA] Adjustment on 13-Sep-2022

Announcement Date: 13-Sep-2022
Related Stock:
FAST
FAST ENERGY HOLDINGS BERHAD
Share Registrar:
FAST
FAST ENERGY HOLDINGS BERHAD
FY: 31-Dec-2022
Amount

1.0000 : 6.0000

  • Ex Date
    27-Sep-2022
  • Entitlement Date
    28-Sep-2022
Description
ADJUSTMENTS TO THE NUMBER AND EXERCISE PRICE OF OUTSTANDING WARRANTS 2021/2026 ("WARRANT(S) A") AS SPECIFIED IN THE DEED POLL DATED 28 OCTOBER 2021 ("DEED POLL A"), AS A CONSEQUENCE OF THE CONSOLIDATION OF EVERY 6 ORDINARY SHARES IN FAST ENERGY HOLDINGS BERHAD ("FAST ENERGY") ("FAST ENERGY SHARE(S)") INTO 1 FAST ENERGY SHARE ("CONSOLIDATED SHARE(S)") AT 5.00 P.M. ON 28 SEPTEMBER 2022 ("SHARE CONSOLIDATION")

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:

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