ADJUSTMENTS TO THE NUMBER AND EXERCISE PRICE OF OUTSTANDING WARRANTS 2016/2021 ("WARRANTS D") AS SPECIFIED IN THE DEED POLL DATED 28 JANUARY 2016 ("DEED POLL") AS A CONSEQUENCE OF THE CONSOLIDATION OF EVERY 4 ORDINARY SHARES IN HO WAH GENTING BERHAD ("HWGB" OR THE "COMPANY") ("HWGB SHARES" OR "SHARES") INTO 1 SHARE ("CONSOLIDATED SHARES")
Pursuant to the Adjustments, the outstanding number of 244,935,533 Warrants D will be adjusted to 61,233,883 and the exercise price of the Warrants D will be revised from RM0.08 to RM0.32 each.