Important Relevant Dates for Renounceable Rights
| JAKS RESOURCES BERHAD |
| Entitlement subject | Important Relevant Dates for Renounceable Rights |
| Description | RENOUNCEABLE RIGHTS ISSUE OF UP TO 1,292,073,304 NEW ORDINARY SHARES IN JAKS RESOURCES BERHAD ("JRB") ("RIGHTS SHARES") AT AN ISSUE PRICE OF RM0.22 PER RIGHTS SHARE TOGETHER WITH UP TO 646,036,652 FREE DETACHABLE WARRANTS IN JRB ("WARRANTS") ON THE BASIS OF 8 RIGHTS SHARES TOGETHER WITH 4 WARRANTS FOR EVERY 5 EXISTING ORDINARY SHARES IN JRB HELD AS AT 5.00 P.M. ON TUESDAY, 27 OCTOBER 2020 |
| Despatch Date | 30 Oct 2020 |
| Date for commencement of trading of rights | 28 Oct 2020 |
| Date for cessation of trading of rights | 05 Nov 2020 |
| Date for announcement of final subscription result and basis of allotment of excess Rights Securities | 18 Nov 2020 |
| Last date and time for : | |
| Sale of provisional allotment of rights | 04 Nov 2020 05:00 PM |
| Transfer of provisional allotment of rights | 06 Nov 2020 04:30 PM |
| Acceptance and Payment | 12 Nov 2020 05:00 PM |
| Excess share application and payment | 12 Nov 2020 05:00 PM |
| Available/Listing Date | 26 Nov 2020 |
| Rights Securities will be listed and quoted as the existing securities of the same class | Yes |
| Other important dates as the listed issuer may deem appropriate | N/A |
| Entitlement Details | |
| Company Name | JAKS RESOURCES BERHAD |
| Entitlement | Ordinary Shares |
| Ratio (New : Existing) | 8.0000 : 5.0000 |
| Rights Issue / Offer Price | Malaysian Ringgit (MYR) 0.2200 |
| Fractional 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 Wilayah Persekutuan Malaysia Tel:0327839299 Fax:0327839222 |
| Remarks : |
The last date and time for acceptance of and payment for the Rights Shares with Warrants as well as the last date and time for excess Rights Shares with Warrants applications and payments are as stated above. This announcement is dated 13 October 2020. |
Announcement Info
| Company Name | JAKS RESOURCES BERHAD |
| Stock Name | JAKS |
| Date Announced | 13 Oct 2020 |
| Category | Entitlement(Notice of Book Closure) |
| Reference Number | ENT-13102020-00002 |
| Corporate Action ID | MY201013EXRI0001 |