JAKS
Rights Issue
| JAKS RESOURCES BERHAD |
| EX-date | 16 Nov 2018 |
| Entitlement date | 21 Nov 2018 |
| Entitlement time | 05:00 PM |
| Entitlement subject | Rights Issue |
| Entitlement description | RENOUNCEABLE RIGHTS ISSUE OF UP TO 278,164,186 WARRANTS ("WARRANT(S)") IN JAKS RESOURCES BERHAD ("JRB") ON THE BASIS OF 1 WARRANT FOR EVERY 2 EXISTING ORDINARY SHARES IN JRB HELD AS AT 5.00 P.M. ON WEDNESDAY, 21 NOVEMBER 2018, AT AN ISSUE PRICE OF RM0.25 PER WARRANT ("RIGHTS ISSUE OF WARRANTS") |
| Period of interest payment | to |
| Financial Year End | 31 Dec 2018 |
| Share transfer book & register of members will be | to closed from (both dates inclusive) for the purpose of determining the entitlement |
| Registrar or Service Provider name, address, telephone no | TRICOR INVESTOR & ISSUING HOUSE SERVICES SDN BHD Unit 32-01, Level 32, Tower A, Vertical Business Suite, Avenue 3, Bangsar South, No. 8, Jalan Kerinchi 59200 Kuala Lumpur Tel: (03) 2783 9299 Fax: (03) 2783 9222 |
| Payment date | |
| a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers | 21 Nov 2018 |
| b.Securities deposited into the Depositor's Securities Account before 12:30 pm in respect of securities exempted from mandatory deposit | |
| c. Securities bought on the Exchange on a cum entitlement basis according to the Rules of the Exchange. | |
| Number of new shares/securities issued (units) (If applicable) | |
| Entitlement indicator | Ratio |
| Ratio | 1 : 2 |
| Rights Issue/Offer Price | Malaysian Ringgit (MYR) 0.250 |
| Par Value (if applicable) | |
| Remarks : |
The terms used herein shall, unless the context otherwise states, bear the same meaning as those defined in the circular to shareholders dated 3 October 2018 in relation to the Rights Issue of Warrants.
The Abridged Prospectus accompanying the Notice of Provisional Allotment and Rights Subscription Form ("Documents") will be despatched to the Entitled Shareholders who have a registered address in Malaysia and whose names appear on the Record of Depositors of JRB at 5.00 p.m. on 21 November 2018. The Entitled Shareholders who are without a registered address in Malaysia and wish to provide a Malaysian address should inform their respective stockbrokers and the Share Registrar to effect the change of address prior to 21 November 2018.
The Documents are not intended to be (and will not be) issued, circulated or distributed in countries or jurisdictions other than Malaysia. No action has been or will be taken to ensure that the Rights Issue of Warrants and the Documents comply with the laws of any countries or jurisdictions other than Malaysia.
The date of listing of the Warrants on the Main Market of Bursa Securities will be on 20 December 2018.
The Documents will be despatched to the Entitled Shareholders not later than 2 market days from the Entitlement Date.
This announcement is dated 5 November 2018. |
Announcement Info
| Company Name | JAKS RESOURCES BERHAD |
| Stock Name | JAKS |
| Date Announced | 05 Nov 2018 |
| Category | Entitlement(Notice of Book Closure) |
| Reference Number | ENT-04112018-00001 |