Additional Listing Announcement (ALA)
Reference No OI-111027-40625
Submitting Merchant Bank
:
OSK INVESTMENT BANK BERHAD
Company Name
:
JOHORE TIN BERHAD
Stock Name
:
JOHOTIN
Date Announced
:
27/10/2011
1. Details of Corporate Proposal
Whether the corporate proposal involves the issuance of new type
and new class of securities?
:
No
Types of corporate proposal
:
Acquisitions
Details of corporate proposal
:
Acquisition by Johore Tin Berhad (“JTB”) of the entire issued and paid-up share capital of Able Dairies Sdn Bhd comprising 1,500,000 ordinary shares of RM1.00 each from Kua Jin Guang @ Kau Kam Eng, Ng Keng Hoe, Lai Shin Lin and Lock Toh Peng for a purchase consideration of RM31,000,000 to be satisfied by cash amounting to RM27,000,000 and the issuance of 4,000,000 new ordinary shares of RM1.00 each in JTB (“JTB Shares”) at an issue price of RM1.00 per JTB Share (“Acquisition”)
No. of shares issued under this corporate proposal
:
4,000,000
Issue price per share ($$)
:
MYR 1.000
Par Value ($$)
:
MYR 1.000
   Latest issued and paid up share capital after the above corporate proposal in the following
Units
:
69,979,000
Currency
:
MYR 69,979,000.000
Listing Date
:
28/10/2011
Remarks :
This announcement is dated 27 October 2011.