JOHOTIN – Notice of Book Closure

JOHORE TIN BERHAD

 

 

1) Subdivision of every existing one (1) ordinary share of RM1.00 each (“Existing Share(s)”) into two (2) ordinary shares of RM0.50 each in Johore Tin Berhad (“JTB”) (“Subdivided Share(s)”) at 5.00 p.m. on 19 September 2016 (“Entitlement Date”) (“Share Split”)

2) Bonus issue of up to 77,754,444 new ordinary shares of RM0.50 each in Johore Tin Berhad (“JTB”) (“Bonus Share(s)”) on the basis of one (1) Bonus Share for every three (3) existing ordinary shares of RM0.50 each held in JTB (“Subdivided Share(s)”) after the completion of the Share Split at 5.00 p.m. on 19 September 2016 (“Entitlement Date”) (“Bonus Issue”)

Kindly be advised of the following :

1)  The above Company’s securities will be traded and quoted “Ex – All” as from: 14 Sep 2016
2)  The last date of lodgment : 19 Sep 2016

3)    Retention Money: Where securities are not delivered in time for registration by the seller, then the brokers concerned:-
a)    Selling Broker to deduct <1/4>, of Selling Price against the Selling Client
b)    Buying Broker to deduct <25%>, of Purchase Price against the Buying Client
c)    Between Broker and Broker, the deduction of <1/4>, of the Transacted Price is applicable.

Remarks 1 :- “Bursa Malaysia Securities Bhd would like to clarify that on the basis of settlement taking place on or after 19 September 2016 with Share split and Bonus issue of JOHOTIN shares of RM 0.50 each. Any shareholder who is entitled to receive JOHOTIN Share split and Bonus issue shares, may now sell any or all of his JOHOTIN shares arising from the Share split and Bonus issue beginning the Ex-Date (14 September 2016).

For example, if Mr X purchases 300 JOHOTIN shares on cum basis 13 September 2016 , Mr X should receive 300 shares on 19 September 2016. As a result of the Share split and Bonus issue, a total of 800 JOHOTIN shares will be credited into Mr X’s CDS account on the night of 19 September 2016 being the Book Closing Date. Therefore, Mr X can sell the Share split and Bonus issue shares of 800 on or after the Ex-Date ie from 14 September 2016 onwards.”

Remarks 2 :-The Share Split entails the subdivision of every one (1) Existing Share into two (2) Subdivided Shares at 5.00 p.m. on 19 September 2016.The Subdivided Shares will be listed and quoted on the Main Market of Bursa Malaysia Securities Berhad on 20 September 2016 (“Listing Date”), being the next market day immediately after the Entitlement Date.JTB’s Share Registrar will issue and despatch the notices of allotment for the Subdivided Shares to the entitled shareholders of JTB not later than four (4) market days after the Listing Date.

Remarks 3 :-The Bonus Issue will be carried out concurrently with the share split exercise announced on even date. The Bonus Shares will be listed and quoted on the Main Market of Bursa Malaysia Securities Berhad on 20 September 2016 (“Listing Date”), being the next market day immediately after the Entitlement Date. JTBs Share Registrar will issue and despatch the notices of allotment of the Bonus Shares to the entitled shareholders of JTB not later than four (4) market days after the Listing Date.The Bonus Shares will not be entitled to any dividends that were declared preceding the Entitlement Date.