Board seating next week will determined the price fixing date for the Placement Shares. It will be issued based on a discount of not more than 20% to the 5-Market Day VWAP up to and including the last trading day immediately preceding the price-fixing date.

This will determined the amount of share capital raised through private placement.

Private Placement soon, followed by Proposed Rights Issue with Warrants.

The Company shall within eight (8) Market Days (or such other period as may be prescribed by Bursa Securities) after the date of receipt of the duly completed Exercise Notice together with the requisite payments:-
(a) allot and issue to the exercising Warrant Holder(s) the new Shares issuable pursuant to the exercise of the Exercise Right;
(b) arrange for the new Shares arising from the exercise of the Exercise Right to be credited into the CDS Account of the exercising Warrant Holder(s);
(c) despatch a notice of allotment to the exercising Warrant Holder(s) stating the number of new Shares which will be credited into the exercising Warrant Holder’s CDS Account; and
(d) make an application for the quotation and listing of such new Shares.

Warrant will expire by the end of the month. You can no longer trade them on the market tomorrow but you can convert them by the end of the month. After that they will expire.

Get the Warrant Exercise Form if you need to convert. It is available at Bursa Malaysia Company Announcement section. You need to fill in the form, prepare bank draft and submit to Tricor before expiry date on the 31 Mar 2021.