NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING JAKS RESOURCES BERHAD ("JAKS" OR THE "COMPANY") PROPOSED PRIVATE PLACEMENT OF UP TO 10% OF THE TOTAL NUMBER OF ISSUED SHARES OF JAKS ("PROPOSED PRIVATE PLACEMENT")
| JAKS RESOURCES BERHAD |
| Type | Announcement |
| Subject | NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) FUND RAISING |
| Description | JAKS RESOURCES BERHAD ("JAKS" OR THE "COMPANY")
PROPOSED PRIVATE PLACEMENT OF UP TO 10% OF THE TOTAL NUMBER OF ISSUED SHARES OF JAKS ("PROPOSED PRIVATE PLACEMENT") |
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On behalf of the Board of Directors of JAKS (“Board”), UOB Kay Hian Securities (M) Sdn Bhd (“UOBKH”) wishes to announce that the Company proposes to undertake the proposed private placement of up to 292,884,436 new ordinary shares in JAKS (“JAKS Share(s)” or “Share(s)”) (“Placement Share(s)”), representing up to approximately 10% of the total number of issued JAKS Shares at an issue price to be determined and announced at a later date after receipt of all relevant approvals for the Proposed Private Placement.
Further details of the Proposed Private Placement are set out in the enclosed attachment.
This announcement is dated 20 December 2022.
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Please refer attachment below.
Announcement Info
| Company Name | JAKS RESOURCES BERHAD |
| Stock Name | JAKS |
| Date Announced | 20 Dec 2022 |
| Category | General Announcement for PLC |
| Reference Number | GA1-20122022-00013 |