MULTIPLE PROPOSALS SENI JAYA CORPORATION BERHAD ("SJC" OR THE "COMPANY") (I) PROPOSED UNILINK ACQUISITION; (II) PROPOSED VISION ACQUISITION; AND (III) PROPOSED PRIVATE PLACEMENT (COLLECTIVELY REFERRED TO AS THE "PROPOSALS")
| SENI JAYA CORPORATION BERHAD |
| Type | Announcement |
| Subject | MULTIPLE PROPOSALS |
| Description | SENI JAYA CORPORATION BERHAD ("SJC" OR THE "COMPANY")
(I) PROPOSED UNILINK ACQUISITION;
(II) PROPOSED VISION ACQUISITION; AND
(III) PROPOSED PRIVATE PLACEMENT
(COLLECTIVELY REFERRED TO AS THE "PROPOSALS") |
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For consistency purposes, the abbreviations used throughout this announcement shall have the same meanings as defined in the announcements dated 20 February 2025, 20 June 2025 and 14 October 2025 in relation to the Proposals, where applicable, unless stated otherwise or defined herein.
Reference is made to the Company’s announcements dated 20 February 2025, 11 April 2025, 20 June 2025, 23 June 2025 and 14 October 2025 in relation to the Proposals.
On behalf of the Board, Berjaya Securities Sdn Bhd (formerly known as Inter-Pacific Securities Sdn Bhd) (“Berjaya Securities”) wishes to announce that Bursa Securities had, vide its letter dated 19 January 2026, resolved to approve the following:-
(i) listing of and quotation for 145,569,620 new SJC Shares to be issued pursuant to the Proposed Acquisitions; and
(ii) listing of and quotation for up to 64,064,000 new SJC Shares to be issued pursuant to the Proposed Private Placement.
The approval by Bursa Securities is subject to, amongst others, the following conditions:-
(i) Berjaya Securities to furnish Bursa Securities with details of the proposed placee(s) as per Paragraph 6.15 of the Listing Requirements for Bursa Securities’ clearance, prior to the issuance / allotment of the Placement Shares;
(ii) confirmation by Berjaya Securities on the compliance of at least 25% of the public shareholding spread requirements pursuant to Paragraph 8.02(1) of the Listing Requirements upon the listing and quotation of the Unilink Consideration Shares and Vision Consideration Shares;
(iii) Berjaya Securities and SJC must fully comply with the relevant provisions under the Listing Requirements pertaining to the implementation of the Proposals;
(iv) SJC to furnish Bursa Securities with the certified true copy of the resolutions passed by the shareholders at extraordinary general meeting approving the Proposals;
(v) Berjaya Securities and SJC to inform Bursa Securities upon the completion of Proposals; and
(vi) Berjaya Securities to furnish Bursa Securities with a written confirmation of its compliance with the terms and conditions of Bursa Securities' approval once the Proposals are completed.
This announcement is dated 19 January 2026. |
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Announcement Info
| Company Name | SENI JAYA CORPORATION BERHAD |
| Stock Name | SJC |
| Date Announced | 19 Jan 2026 |
| Category | General Announcement for PLC |
| Reference Number | GA1-19012026-00035 |