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NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : BONUS ISSUES GDB HOLDINGS BERHAD ("GDB" OR "COMPANY") (I) PROPOSED BONUS ISSUE OF SHARES; AND (II) PROPOSED BONUS ISSUE OF WARRANTS, COLLECTIVELY REFERRED TO AS THE PROPOSALS.

GDB HOLDINGS BERHAD

Type Announcement
Subject NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
BONUS ISSUES
Description
GDB HOLDINGS BERHAD ("GDB" OR "COMPANY")

(I)	PROPOSED BONUS ISSUE OF SHARES; AND

(II)	PROPOSED BONUS ISSUE OF WARRANTS,

COLLECTIVELY REFERRED TO AS THE PROPOSALS.

(Unless otherwise defined, terms used in this announcement shall carry the same meanings as set out in the previous announcements dated 12 April 2021, 13 April 2021, 22 April 2021 and 5 May 2021 in relation to the Proposals (“Announcements”))

We refer to the Announcements in relation to the Proposals.

On behalf of the Board of Directors of GDB, Alliance Investment Bank Berhad ("AIBB") wishes to announce that the exercise price of the Warrants has been fixed at RM0.60 (“Exercise Price”) and the deed poll constituting the Warrants has also been executed today.

The Exercise Price represents a slight discount of RM0.0023 or approximately 0.38% to the theoretical ex-bonus price of GDB Shares of RM0.6023 calculated based on the 5-day volume weighted average market price of GDB Shares up to and including 8 June 2021 of RM0.9034, being the last trading day prior to the price fixing date.

This announcement is dated 9 June 2021.






Announcement Info

Company Name GDB HOLDINGS BERHAD
Stock Name GDB
Date Announced 09 Jun 2021
Category General Announcement for PLC
Reference Number GA1-09062021-00024




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