Contact us
RENOUNCEABLE RIGHTS ISSUE OF UP TO 789,036,071 NEW ORDINARY SHARES IN OMESTI BERHAD ("OMESTI") ("SHARES") ("RIGHTS SHARES") ON THE BASIS OF 1 RIGHTS SHARE FOR EVERY 1 EXISTING SHARE HELD AS AT 5.00 P.M. ON 10 OCTOBER 2025 AT AN ISSUE PRICE OF RM0.08 PER RIGHTS SHARE, TOGETHER WITH UP TO 315,614,428 FREE DETACHABLE WARRANTS IN OMESTI ("WARRANTS D") ON THE BASIS OF 2 WARRANTS D FOR EVERY 5 RIGHTS SHARES SUBSCRIBED FOR ("RIGHTS ISSUE")
Each Warrant D carries the entitlement to subscribe for 1 new Share at the exercise price of RM0.10 each, and at any time during the exercise period of 5 years ("Exercise Period") subject to the adjustments in accordance with the provisions of the deed poll dated 26 September 2025 constituting the Warrants D. Any Warrants D not exercised during the Exercise Period will thereafter lapse and cease to be valid. If the maturity date of the Warrants D falls on a non-market day, then it will fall on the preceding market day. This announcement is dated 10 November 2025.