Effect of Transactions on Issued Securities of Pubco Clause Samples

Effect of Transactions on Issued Securities of Pubco. Upon consummation of the Transactions (and in consideration therefor, including the Company Brand Disposal, and in the amount of the Aggregate Transaction Consideration Value), on the Closing Date, (a) Pubco shall (i) cause the Company to effectuate the Castlelake Novation and (ii) issue to Parent a number of newly issued Pubco Ordinary Shares equal to the quotient of (x) the Equity Value divided by (y) $10.00 (the “Transaction Consideration Shares”); and (b) concurrently with, or immediately after, the issuance of the Transaction Consideration Shares by Pubco, Parent shall effectuate a distribution, by way of a distribution-in-specie in connection with a proposed reduction and repayment of its share capital pursuant to Section 116 of the Malaysia Companies Act 2016, of up to 51% of the Transaction Consideration Shares to the shareholders of Parent based on their respective shareholdings as of a date to be determined by Parent (such Transaction Consideration Shares to be distributed by Parent to its shareholders, the “Common Transaction Consideration Shares”).