JAG
Share Consolidation
| JAG BERHAD |
| Entitlement subject | Share Consolidation |
| Entitlement description | ENTITLEMENT DATE FOR THE CONSOLIDATION OF EVERY 4 ORDINARY SHARES IN JAG BERHAD ("JAG") ("JAG SHARES") INTO 1 CONSOLIDATED SHARE AT 5.00 P.M. ON 24 AUGUST 2020 ("SHARE CONSOLIDATION") ("ENTITLEMENT DATE") |
| Ex-Date | 21 Aug 2020 |
| Entitlement date | 24 Aug 2020 |
| Entitlement time | 5:00 PM |
| Financial Year End | 31 Dec 2020 |
| 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 | 24 Aug 2020 |
| 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) |
|
| Entitlement indicator | Ratio |
| Par Value (if applicable) | |
Entitlement Details
| Company Name | Ratio (New : Existing) |
Available/Listing Date | Fractional Entitlement |
| JAG BERHAD | 1.0000 : 4.0000 | 25 Aug 2020 | Round Down / Fraction Disregard |
| Registrar or Service Provider name, address, telephone no |
SECURITIES SERVICES (HOLDINGS) SDN BHD Level 7, Menara Milenium Jalan Damanlela, Pusat Bandar Damansara Damansara Heights 50490 Kuala Lumpur Wilayah Persekutuan Malaysia Tel:0320849000 Fax:0320949940 |
| Remarks : |
The actual number of Consolidated Shares to be consolidated would depend on the issued share capital of JAG on the Entitlement Date. The fractional entitlements arising from the Share Consolidation, if any, shall be disregarded and dealt with by the Board of Directors of the Company in such manner at its absolute discretion as it may deem fit or expedient and in the best interest of the Company.
The Consolidated Shares will be listed and quoted on the ACE Market of Bursa Malaysia Securities Berhad ("Bursa Securities") on 25 August 2020, being the next market day following the Entitlement Date.
The notice of allotment for the Share Consolidation will be despatched to the entitled shareholders of JAG not later than 4 market days after the date of listing and quotation of the Consolidated Shares on Bursa Securities.
This announcement is dated 6 August 2020. |
Announcement Info
| Company Name | JAG BERHAD |
| Stock Name | JAG |
| Date Announced | 06 Aug 2020 |
| Category | Entitlement(Notice of Book Closure) |
| Reference Number | ENT-10072020-00004 |
| Corporate Action ID | MY200710SPLR0001 |