NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING JERASIA CAPITAL BERHAD (JERASIA OR "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 "COMPANY) (I) PROPOSED RIGHTS ISSUE OF IRREDEEMABLE CONVERTIBLE PREFERENCE SHARES; AND (II) PROPOSED AMENDMENTS TO THE CONSTITUTION (COLLECTIVELY REFERRED TO AS THE PROPOSALS) |
(Unless otherwise defined in this announcement, all terms used herein shall have the same meaning as those defined in the announcement dated 10 August 2020.)
Reference is made to the announcements dated 10 August 2020 and 6 October 2020. On behalf of the Board of Directors of Jerasia, M&A Securities wishes to announce that the Proposals are currently being reviewed by the Board due to changes in the Company’s capital and funding requirements. Further amendments to the Proposals will be announced in due course and as such, the application for the Proposals will not be submitted to the authorities at this juncture.
This announcement is dated 11 January 2021. |
Announcement Info
Company Name | JERASIA CAPITAL BERHAD |
Stock Name | JERASIA |
Date Announced | 11 Jan 2021 |
Category | General Announcement for PLC |
Reference Number | GA1-11012021-00101 |