ADJUSTMENT TO THE TERMS AND CONDITIONS OF THE EUROPEAN STYLE NON-COLLATERALISED CASH SETTLED CALL WARRANTS OVER ORDINARY SHARES OF SUNWAY CONSTRUCTION GROUP BERHAD ("SUNCON") ("SUNCON-C56") PURSUANT TO A SPECIAL SINGLE TIER DIVIDEND OF 15.2 SEN PER ORDINARY SHARE FOR THE FINANCIAL YEAR ENDING 31 DECEMBER 2026 ("SPECIAL DIVIDEND")
Kindly be advised of the following :
1) The above Company's securities will be traded and quoted "Ex - Adjustment" as from: 09 Jun 2026
2) The last date of lodgment : 10 Jun 2026
Remarks :
In accordance with Part 1 of the Deed Poll dated 22 October 2025, the Exercise Ratio and Exercise Price of SUNCON-C56 will be adjusted as follows:
a. Adjusted Exercise Ratio = E x [(P - D) / P]
b. Adjusted Exercise Price = X x [(P - D) / P]
whereby:
P = Closing price of SUNCON shares on the last market day on which SUNCON shares are traded on a cum-entitlement basis
D = RM0.1520, being the Special Dividend per one (1) SUNCON Share
X = RM6.7000, being the existing Exercise Price of SUNCON-C56 immediately prior to the Special Dividend
E = 6.0000, being the existing Exercise Ratio of SUNCON-C56 immediately prior to the Special Dividend
We shall make the announcement on the actual adjustments to SUNCON-C56 on the Last Cum Date (i.e. 8 June 2026).
No adjustment shall be made to the Exercise Ratio or the Exercise Price if the adjustment would amount to less than 2% of the Exercise Ratio or the Exercise Price being changed.