JOE

0.235

-0.005 (-2.1%)

Rights Issue

JOE HOLDING BERHAD

Entitlement subject Rights Issue
Type Renounceable
Entitlement description
RENOUNCEABLE RIGHTS ISSUE OF UP TO 2,249,237,340 NEW ORDINARY SHARES IN JOE ("JOE SHARES" OR "SHARES") ("RIGHTS SHARES") AT AN ISSUE PRICE OF RM0.05 PER RIGHTS SHARE TOGETHER WITH UP TO 1,349,542,404 FREE DETACHABLE WARRANTS IN JOE ("WARRANTS B") ON THE BASIS OF 5 RIGHTS SHARES TOGETHER WITH 3 FREE WARRANTS B FOR EVERY 5 EXISTING SHARES HELD BY THE ENTITLED SHAREHOLDERS OF THE COMPANY AT 5.00 P.M. ON 23 APRIL 2021 ("RIGHTS ISSUE WITH WARRANTS")
Ex-Date 22 Apr 2021
Entitlement date 23 Apr 2021
Entitlement time 5:00 PM
Share transfer book & register of members will be  to  closed from (both dates inclusive) for the purpose of determining the entitlement
a.Securities transferred into the Depositor's Securities Account before 4:30 pm in respect of transfers 23 Apr 2021
b.Securities deposited into the Depositor's Securities Account before 12:30 pm in respect of securities exempted from mandatory deposit
c. Securities bought on the Exchange on a cum entitlement basis according to the Rules of the Exchange.
Number of new shares/securities issued (units)
(If applicable)
Rights Issue/Offer Price Malaysian Ringgit (MYR) 0.0500
Par Value (if applicable)
Entitlement indicator Ratio
Entitlement Details
Company Name
JOE HOLDING BERHAD
Entitlement Ordinary Rights
Ratio (New:Existing) 1.0000  : 1.0000
Rights Crediting Date 23 Apr 2021
Fractional Entitlement
Registrar or Service Provider name, address, telephone no BOARDROOM.COM SDN BHD
Level 5, Block B, Dataran PHB
Saujana Resort, Section U2

40150 Shah Alam

Selangor

Malaysia

Tel:0378900638
Fax:0378901032


Remarks :
The Abridged Prospectus together with the notice of provisional allotment and rights subscription form pursuant to the Rights Issue with Warrants (collectively, the "Documents") will only be despatched to the shareholders of the Company whose names appear in the Company's Record of Depositors as at 5.00 p.m. on 23 April 2021 ("Entitled Shareholders") and who have a registered address in Malaysia or who have provided the Share Registrar, Boardroom.com Sdn Bhd, with a registered address in Malaysia in writing by 5.00 p.m. on 23 April 2021.

The Documents are not intended to (and will not be made to) comply with the laws of any country or jurisdiction other than Malaysia, and are not intended to be (and will not be) issued, circulated or distributed in countries or jurisdictions other than Malaysia and no action has been or will be taken to ensure that the Rights Issue with Warrants complies with the laws of any country or jurisdiction other than the laws of Malaysia.

Entitled Shareholders who do not have a registered address in Malaysia for the service of documents and wish to provide a Malaysian address, should inform their respective stockbrokers to effect the change of address by 5.00 p.m. on 23 April 2021.

Holders of Warrants A who wish to be entitled to the Rights Shares with Warrants B must exercise their Warrants A into new Shares by lodging their duly completed exercise forms together with the relevant subscription monies with the Share Registrar, Boardroom.com Sdn Bhd, on or before 5.00 p.m. on 14 April 2021. This is to enable the new Shares arising from such exercise to be allotted to the respective holders of the Warrants A such that their names will appear on the Record of Depositors of the Company by 5.00 p.m. on 23 April 2021.

This announcement is dated 9 April 2021.


Announcement Info

Company Name JOE HOLDING BERHAD
Stock Name JOE
Date Announced 09 Apr 2021
Category Entitlement(Notice of Book Closure)
Reference Number ENT-09042021-00008
Corporate Action ID MY210409RHDI0002