Issuance of 133,814,745 warrants in Inta Bina Group Berhad ("IBGB") ("Warrant(s) A") to the existing shareholders of IBGB on the basis of 1 Warrant A for every 4 existing ordinary shares held in IBGB ("Share(s)") held as at 5.00 p.m. on 13 July 2021
Each Warrant A carries the entitlement to subscribe for 1 new Share at the exercise price of RM0.40 and at any time during the exercise period of 5 years as indicated above ("Exercise Period") commencing from and including the issue date and ending at 5.00 p.m. on the expiry date (provided that if such a day is not a market day, then it shall be the market day immediately preceding the said non-market day). The Warrants A are subject to the adjustments in accordance with the provisions of the deed poll dated 29 June 2021 constituting the Warrants A. Any Warrants A not exercised during the Exercise Period will thereafter lapse and cease to be valid for any purpose. This announcement is dated 23 July 2021.