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Last Price

0.575

Today's Change

0.00 (0.00%)

Day's Change

0.00 - 0.00

Trading Volume

0

Company warrants are issued by the company and give the holders the right, but not an obligation, to subscribe for new ordinary shares at a specified price during a specified period of time.

Structured warrants are proprietary instruments issued by a third-party issuer, namely an eligible broker or financial institution that give holders the right, but not the obligation, to buy (call warrants) or sell (put warrant) the underlying instrument in the future for a fixed price.

A call warrant is in-the-money when the exercise price is lower than the price of the underlying share.

A put warrant is in-the-money when the underlying share price is lower than the exercise price.

Company Warrants

In the money

Preference Shares

In the money

Call Warrants

In the money

Discussions
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firehawk

Pursuant to the Share Consolidation, the exercise price and the number of outstanding Warrants B which are not exercised prior to the Entitlement Date will be adjusted in accordance with the provisions of the Deed Poll B (Adjustments).

The outstanding Warrants B will be adjusted on the basis of every 5 Warrants B held by the entitled Warrants B holders (whose names appear in the Record of Depositors at 5.00 p.m. on the Entitlement Date) (Entitled Warrants B Holders) into 1 Warrant B (Consolidated Warrants B).

Pursuant to the Adjustments, the existing number of 61,839,915 outstanding Warrants B will be adjusted into a maximum number of [12,367,983] Consolidated Warrants B to be issued and allotted to the Entitled Warrants B Holders. The actual number of Consolidated Warrants B to be issued and allotted would depend on the number of outstanding Warrants B which have yet to be exercised into new Citaglobal Shares as at the Entitlement Date.

Further, pursuant to the Adjustments, the exercise price of the Warrants B will be adjusted from the existing price of RM0.16 each to RM0.80 each.

The Consolidated Warrants B will be listed and quoted on the Main Market of Bursa Malaysia Securities Berhad (Bursa Securities) on 6 March 2023, being the next market day following the Entitlement Date.

2023-02-18 01:15

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