ADJUSTMENTS TO THE EXERCISE PRICE AND NUMBER OF OUTSTANDING WARRANTS 2021/2024 IN KOMARKCORP BERHAD ("KOMARKCORP") AS CONSTITUTED BY THE DEED POLL DATED 6 JANUARY 2021 ("DEED POLL C") ("WARRANTS C") PURSUANT TO THE RENOUNCEABLE RIGHTS ISSUE OF UP TO 817,817,238 NEW ORDINARY SHARES IN KOMARKCORP ("KOMARKCORP SHARES" OR "SHARES") ("RIGHTS SHARES") AT AN ISSUE PRICE OF RM0.08 PER RIGHTS SHARE TOGETHER WITH UP TO 272,605,746 FREE DETACHABLE WARRANTS IN KOMARKCORP ("WARRANTS D") ON THE BASIS OF 3 RIGHTS SHARES TOGETHER WITH 1 FREE WARRANT D FOR EVERY 3 EXISTING SHARES HELD BY THE ENTITLED SHAREHOLDERS OF KOMARKCORP AT 5.00 P.M. ON 29 MAY 2023 ("RIGHTS ISSUE WITH WARRANTS")
About KOMARKCORP BHD
Komarkcorp Bhd is the provider of packaging solution and a manufacturer of labeling machines. The company operates in two business segments namely Manufacturing of self-adhesive labels and stickers and trading of related products and Manufacturing of automatic labeling machinery. It provides packaging solutions and self-adhesive labels to various industries such as chemical and agrochemical, food and beverage, home and personal care, industrial and lubricant oil, and pharmaceutical industries. The Manufacturing of automatic labeling machinery segment is principally operated in Malaysia whereas, it?s another business such as self-adhesive labels and stickers are operated across Thailand, Indonesia, and Singapore.
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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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....