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WARRANTS IN SIGNATURE INTERNATIONAL BERHAD ("SIGN") ("WARRANT(S)") ISSUED PURSUANT TO THE BONUS ISSUE OF 59,135,342 WARRANTS ON THE BASIS OF ONE (1) WARRANT FOR EVERY FOUR (4) EXISTING ORDINARY SHARES OF RM0.25 EACH HELD IN SIGN AT 5.00 P.M. ON WEDNESDAY, 20 APRIL 2016, AFTER THE COMPLETION OF THE SHARE SPLIT ("BONUS ISSUE OF WARRANTS")
Each Warrant carries the entitlement to subscribe for one (1) new ordinary share of RM0.25 each in SIGN at the exercise price of RM0.97 each, which shall be satisfied in cash and at any time during the exercise period as indicated above ("Exercise Period") subject to the adjustments in accordance with the provisions of the deed poll dated 6 April 2016 constituting the Warrants. Any Warrants not exercised during the Exercise Period will thereafter lapse and cease to be valid for any purpose. This announcement is dated 27 April 2016.