JSB

0.920

(%)

NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING JENTAYU SUSTAINABLES BERHAD (FORMERLY KNOWN AS IPMUDA BERHAD) ("JENTAYU SUSTAINABLES" OR THE "COMPANY") PROPOSED PRIVATE PLACEMENT OF UP TO 142,627,665 NEW ORDINARY SHARES IN JENTAYU SUSTAINABLES ("JENTAYU SUSTAINABLES SHARE(S)" OR "SHARE(S)"), REPRESENTING NOT MORE THAN 30% OF THE TOTAL NUMBER OF ISSUED JENTAYU SUSTAINABLES SHARES TO THIRD PARTY INVESTOR(S) TO BE IDENTIFIED AT A LATER DATE ("PROPOSED PRIVATE PLACEMENT")

JENTAYU SUSTAINABLES BERHAD

Type Announcement
Subject NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
FUND RAISING
Description
JENTAYU SUSTAINABLES BERHAD (FORMERLY KNOWN AS IPMUDA BERHAD) ("JENTAYU SUSTAINABLES" OR THE "COMPANY")

PROPOSED PRIVATE PLACEMENT OF UP TO 142,627,665 NEW ORDINARY SHARES IN JENTAYU SUSTAINABLES ("JENTAYU SUSTAINABLES SHARE(S)" OR "SHARE(S)"), REPRESENTING NOT MORE THAN 30% OF THE TOTAL NUMBER OF ISSUED JENTAYU SUSTAINABLES SHARES TO THIRD PARTY INVESTOR(S) TO BE IDENTIFIED AT A LATER DATE ("PROPOSED PRIVATE PLACEMENT")

On behalf of the Board of Directors of Jentayu Sustainables, MIDF Amanah Investment Bank Berhad wishes to announce that the Company proposes to undertake the Proposed Private Placement.

Further details of the Proposed Private Placement are set out in the attachment.

This announcement is dated 14 June 2022.




Please refer attachment below.



Announcement Info

Company Name JENTAYU SUSTAINABLES BERHAD
Stock Name JSB
Date Announced 14 Jun 2022
Category General Announcement for PLC
Reference Number GA1-02062022-00078