JAKS - Notice of Rights Entitlement
| JAKS RESOURCES BERHAD |
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.
Kindly be advised of the following :
1) The Right commence of trading : 28 Oct 2020
2) The Date of Despatch of the Prospectus and Provisional Allotment Letter of Offer : 30 Oct 2020
3) The last day and time for Acceptance, Renunciation and Payment : 12 Nov 2020
4) The Rights cessation quotation : 5 Nov 2020
The Stock Short Name, Number and ISIN Code JAKS-OR, 4723OR and MYL4723OR005
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.
Announcement Info
| Company Name | JAKS RESOURCES BERHAD |
| Stock Name | JAKS |
| Date Announced | 14 Oct 2020 |
| Category | Listing Circular |
| Reference Number | ILC-14102020-00002 |