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BONUS ISSUE OF 85,094,851 NEW WARRANTS IN CITAGLOBAL BERHAD ("CITAGLOBAL" OR THE "COMPANY") ("WARRANTS C") ON THE BASIS OF 1 WARRANT C FOR EVERY 5 EXISTING ORDINARY SHARES IN CITAGLOBAL ("CITAGLOBAL SHARES" OR "SHARES") HELD AT 5.00 PM ON 5 MAY 2025 ("BONUS ISSUE OF WARRANTS")
Each Warrant C carries the entitlement to subscribe for 1 new Citaglobal Share at the exercise price of RM0.95 at any time during the exercise period (as indicated above) ("Exercise Period"), subject to any adjustments that may be made from time to time in accordance with the provisions of the deed poll constituting the Warrants C dated 17 April 2025. Any Warrants C not exercised during the Exercise Period will thereafter lapse and cease to be valid for any purpose and shall be cancelled and treated to have been cancelled forthwith. If the maturity date of the Warrants C falls on a non-market day, then it will fall on the preceding market day. The announcement is dated 15 May 2025.