JERASIA

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NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING JERASIA CAPITAL BERHAD ("JERASIA" OR THE "COMPANY") (I) PROPOSED RIGHTS ISSUE OF IRREDEEMABLE CONVERTIBLE PREFERENCE SHARES; AND (II) PROPOSED AMENDMENTS TO THE CONSTITUTION (COLLECTIVELY REFERRED TO AS THE "PROPOSALS")

JERASIA CAPITAL BERHAD

Type Announcement
Subject NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
FUND RAISING
Description
JERASIA CAPITAL BERHAD ("JERASIA" OR THE "COMPANY")

(I)	PROPOSED RIGHTS ISSUE OF IRREDEEMABLE CONVERTIBLE PREFERENCE SHARES; AND

(II)	PROPOSED AMENDMENTS TO THE CONSTITUTION

(COLLECTIVELY REFERRED TO AS THE "PROPOSALS")

On behalf of the Board of Directors of Jerasia, M&A Securities Sdn Bhd wishes to announce that the Company intends to undertake the following proposals:-

 

1.Proposed renounceable rights issue of irredeemable convertible preference shares to raise minimum gross proceeds of about RM28.5 million and maximum gross proceeds of up to      about RM57.0 million; and

 

2.Proposed amendments to the Constitution of Jerasia to facilitate the creation of the ICPS pursuant to the Proposed Rights Issue of ICPS.

 

 

Kindly refer to the attachment for further details on the Proposals.

 

 

 

This announcement is dated 10 August 2020




Please refer attachment below.



Announcement Info

Company Name JERASIA CAPITAL BERHAD
Stock Name JERASIA
Date Announced 10 Aug 2020
Category General Announcement for PLC
Reference Number GA1-10082020-00095