Contact us
Issue of 168,022,058 free warrants in Guan Chong Berhad ("GCB") ("Warrants") on the basis of 1 Warrant for every 3 existing ordinary shares held in GCB ("GCB Shares") at 5.00 p.m. on 5 November 2019
Each Warrant entitles the Warrant holders to subscribe for 1 new GCB Share at any time during the Exercise Period at the Exercise Price subject to adjustments in accordance with the provisions of the deed poll dated 14 October 2019 constituting the Warrants ("Deed Poll"). Any Warrants not exercised during the Exercise Period will thereafter lapse and cease to be valid. As the Maturity Date for the Warrants falls on a non-market day (i.e. on Sunday, 6 November 2022), the Maturity Date will be the market day immediately preceding the said non-market day (i.e. on Friday, 4 November 2022) pursuant to the provisions of the Deed Poll. This announcement is dated 11 November 2019.