OMESTI-WC - Notice of Book Closure
| OMESTI BERHAD |
ADJUSTMENTS TO THE EXERCISE PRICE AND NUMBER OF OUTSTANDING WARRANTS 2021/2026 ("WARRANTS C") IN OMESTI BERHAD ("OMESTI") AS CONSTITUTED BY THE DEED POLL DATED 16 FEBRUARY 2021 ("DEED POLL C") PURSUANT TO THE RENOUNCEABLE RIGHTS ISSUE OF UP TO 789,036,071 NEW ORDINARY SHARES IN OMESTI ("SHARES") ("RIGHTS SHARES") ON THE BASIS OF 1 RIGHTS SHARE FOR EVERY 1 EXISTING SHARE HELD AS AT 5.00 P.M. ON 10 OCTOBER 2025 AT AN ISSUE PRICE OF RM0.08 PER RIGHTS SHARE, TOGETHER WITH UP TO 315,614,428 FREE DETACHABLE WARRANTS IN OMESTI ("WARRANTS D") ON THE BASIS OF 2 WARRANTS D FOR EVERY 5 RIGHTS SHARES SUBSCRIBED FOR ("RIGHTS ISSUE") ("ADJUSTMENTS")
Kindly be advised of the following :
1) The above Company's securities will be traded and quoted "Ex - Adjustment” as from: 09 Oct 2025
2) The last date of lodgment : 10 Oct 2025
Remarks :
The Notice of Book Closure in relation to the Rights Issue had been announced by the Company separately today.
Holders of Warrants C who wish to be entitled to the Rights Shares with Warrants D must exercise their Warrants C into new Shares by lodging their duly completed exercise forms together with the relevant subscription monies with the Share Registrar, Bina Management (M) Sdn Bhd, on or before 5.00 p.m. on 29 September 2025. This is to enable the new Shares arising from such exercise to be alloted to the respective holders of Warrants C such that their name will appear on the Record of Depositors of Omesti by 5.00 p.m. on 10 October 2025.
Holders of Warrants C who have not exercised their outstanding Warrants C and whose name appear in the Record of Depositors for the outstanding Warrants C as at 5.00 p.m. on 10 October 2025 would be entitled to the Adjustments.
The entitlement ratio indicated above is for illustration only based on the issued share capital of the Company as at 5.00 p.m. on 25 September 2025 (the market day preceding to this announcement) and assuming all entitled shareholders subscribe for their respective entitlements under the Rights Issue. The actual number of additional Warrants C to be issued and the adjusted exercise price of Warrants C pursuant to the Adjustments shall be finalised at a later date prior to the listing of and quotation for the Rights Shares with Warrants D on the Main Market of Bursa Malaysia Securities Berhad ("Bursa Securities").
The additional Warrants C will be listed and quoted simultaneously with the Rights Shares and Warrants D on the Main Market of Bursa Securities. The notice setting out the details of the Adjustments will be issued and despatched to the entitled holders of Warrants C in due course.
Announcement Info
| Company Name | OMESTI BERHAD |
| Stock Name | OMESTI-WC |
| Date Announced | 29 Sep 2025 |
| Category | Listing Circular |
| Reference Number | ILC-29092025-00003 |