Date Published : 2023-12-01
| Type | Announcement |
| Subject | OTHERS |
| Description | Mycron Steel Berhad ("Mycron" or "the Company") - Notice to Warrant Holders in relation to the Expiry and Last Date for the Exercise of Warrants 2019/2024 |
The Board of Directors of Mycron wishes to announce that pursuant to the terms and conditions stipulated in the Deed Poll dated 7 December 2018 governing the Warrants, the Exercise Rights of the Warrants will expire on Friday, 26 January 2024 ("Expiry Date") at 5.00 p.m.
Warrant Holders should note that the last day and time for trading of the Warrants will be on Tuesday, 9 January 2024 at 5.00 p.m. The Warrants will be suspended from trading on Bursa Malaysia Securities Berhad with effect on Wednesday, 10 January 2024 from 9.00 a.m. onwards to 5.00 p.m. on the Expiry Date. The Warrants which are not exercised by 5.00 p.m. on the Expiry Date will lapse and become null and void and cease to be valid for any purpose. Accordingly, the Warrants will be removed from the Official List of Bursa Malaysia Securities Berhad with effect on Monday, 29 January 2024 from 9.00 a.m. onwards.
The Notice to Warrant Holders in relation to the expiry and last date for the exercise of Warrants will be despatched to all Warrant Holders on Monday, 4 December 2023. The said Notice will also be advertised in the newspaper on the same day.
This announcement is dated 1 December 2023.