A company share price is rm 1, the company also has warrant with a price of 0.6 , and ex-price of 0.4.

This week company decide to issue dividend for it's share say rm0.05,
will it's warrant's ex-price be auto adjusted ? i.e. ex-price goes to 0.35 or will ex-price remains 0.4?

normally what will happen to warrant price on the ex-date the mother share pays out dividend?