Adjustment

[MYEG-C3Y] Adjustment on 17-Feb-2023

Announcement Date: 26-Jan-2023
Related Stock:
MYEG
MY E.G. SERVICES BHD
Share Registrar:
MYEG
MY E.G. SERVICES BHD
Amount

0.0000 : 0.0000

  • Ex Date
    17-Feb-2023
  • Entitlement Date
    20-Feb-2023
Description
ADJUSTMENT TO THE TERMS AND CONDITIONS OF THE EUROPEAN STYLE NON COLLATERALISED CASH SETTLED CALL WARRANTS OVER ORDINARY SHARES OF MY E.G. SERVICES BERHAD ("MYEG") ("MYEG-C3Y") PURSUANT TO THE DISTRIBUTION OF 69,750,000 ORDINARY SHARES IN AGMO HOLDINGS BERHAD ("AGMO"), REPRESENTING MYEG'S 21.5% EQUITY INTEREST IN AGMO, HELD THROUGH MY E.G. CAPITAL SDN BHD (A WHOLLY-OWNED SUBSIDIARY OF MYEG), TO THE ENTITLED SHAREHOLDERS OF MYEG BY WAY OF DIVIDEND-IN-SPECIE

About MY E.G. SERVICES BHD
MY E.G.Services Bhd, or MYEG, provides electronic government solutions and services in Malaysia. The company is primarily engaged in the development and implementation of the Electronic Government Services project, the provision of other related services, and investment holding. Electronic Government Services include the testing, issuance, and renewal of drivers' licenses, renewal of vehicle road tax, vehicle ownership transfer, the renewal of foreign workers permits, bankruptcy status searches, and payment systems. The company also provides commercial offerings, such as insurance, credit and debit payment solutions, tracking systems, and telecommunications services.

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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