Description | ADJUSTMENT TO THE TERMS AND CONDITIONS OF THE EUROPEAN STYLE NON-COLLATERALISED CASH SETTLED CALL WARRANTS OVER ORDINARY SHARES OF GUAN CHONG BERHAD ("GCB") ("GCB SHARES") ("GCB-C22") PURSUANT TO THE FOLLOWING: 1) BONUS ISSUE OF UP TO 1,566,553,232 GCB SHARES ("BONUS SHARE(S)") ON THE BASIS OF 4 BONUS SHARES FOR EVERY 3 EXISTING GCB SHARES HELD AT 5.00 P.M. ON 18 JUNE 2025 ("ENTITLEMENT DATE") ("BONUS ISSUE OF SHARES"); AND 2) ISSUANCE OF UP TO 293,728,731 FREE WARRANTS IN GCB ("WARRANT(S)") ON THE BASIS OF 1 WARRANT FOR EVERY 4 GCB SHARES HELD ON THE SAME ENTITLEMENT DATE AS THE BONUS ISSUE OF SHARES ("BONUS ISSUE OF FREE WARRANTS"). |