Adjustment

[HM-WC] Adjustment on 19-Nov-2024

Announcement Date: 06-Nov-2024
Related Stock:
HM
HARVEST MIRACLE CAPITAL BERHAD
Share Registrar:
HM
HARVEST MIRACLE CAPITAL BERHAD
FY: 31-Mar-2025
Amount

1.0000 : 3.0000

  • Ex Date
    19-Nov-2024
  • Entitlement Date
    20-Nov-2024
Description
ADJUSTMENTS TO THE EXERCISE PRICE AND NUMBER OF OUTSTANDING WARRANTS 2021/2026 IN HARVEST MIRACLE CAPITAL BERHAD ("COMPANY") AS CONSTITUTED BY THE DEED POLL DATED 16 MARCH 2021 ("DEED POLL C") ("WARRANTS C") PURSUANT TO THE CONSOLIDATION OF EVERY 3 EXISTING ORDINARY SHARES IN THE COMPANY ("HMCB SHARE(S)") HELD AS AT 5.00 P.M. ON 20 NOVEMBER 2024 ("ENTITLEMENT DATE") INTO 1 HMCB SHARE ("SHARE CONSOLIDATION")

About HARVEST MIRACLE CAPITAL BERHAD
Harvest Miracle Capital Bhd, formerly Vortex Consolidated Berhad, is principally involved in the trading of information technology and information communication technology (IT and ICT) related products and services, property construction, property development, property investment, and moneylending businesses. The Company operates through six divisions: IT and ICT, Construction, Property Investment, Property Development, Money Lending Business, and Investment Holding. IT and ICT division is involved in the trading in IT and ICT related products, hardware, software and accessories, software development, and support services, and others. Construction division is engaged in property construction and its related business. Property Investment division is engaged in investment properties. Property Development division is involved in property development. Money Lending Business Division is involved in money lending business. Investment Holding division is involved in investment holding.

How to be entitled
To be entitled for any of the above, you need to purchase the shares one trading day before the ex-Date. You will not be entitled for the above if you purchase the shares on or after the ex-Date.

On ex-Date, the price will be adjusted to reflect the theoretical market price of the stock after the entitlement. You can sell the shares on / after ex-Date and still be entitled to the corporate exercise. The key is to purchase the shares before ex-Date.
How to subscribe
Shareholders that fulfill the requirement above will need to fill in and submit the right subscription form to the share registrar:

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