Consolidation

[DGB-WC] Share Consolidation on 14-Sep-2023

Announcement Date: 30-Aug-2023
Related Stock:
DGB
DGB ASIA BERHAD
Share Registrar:
DGB
DGB ASIA BERHAD
FY: 31-Dec-2023
Amount

1.0000 : 10.0000

  • Ex Date
    14-Sep-2023
  • Entitlement Date
    15-Sep-2023
Description
ADJUSTMENTS TO THE EXERCISE PRICE AND NUMBER OF OUTSTANDING WARRANTS 2021/2024 OF DGB ASIA BERHAD ("DGB" OR THE "COMPANY") ("WARRANTS C") AS SPECIFIED IN THE DEED POLL DATED 7 DECEMBER 2020 ("DEED POLL C"), PURSUANT TO THE CONSOLIDATION OF EVERY 10 EXISTING ORDINARY SHARES IN DGB ("DGB SHARES" OR "SHARES") INTO 1 DGB SHARE ("CONSOLIDATED SHARE") HELD AT 5.00 P.M. ON 15 SEPTEMBER 2023 ("ENTITLEMENT DATE") ("SHARE CONSOLIDATION")

About DGB ASIA BERHAD
DGB Asia Bhd is an investment holding company. The group is involved in providing and comprehensive Automated Identification and Data Collection (AIDC) solutions, software solutions, and engineering consultancy services to various industries. The company is also engaged in trading in technological products, computer hardware and software, software applications and related products and services. The company products include proprietary software, value-added product, and services as well as AIDC hardware and equipment. Through the sale of value-added products and services, the company contributed the majority of revenue from China.

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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