MULTIPLE PROPOSALS

JOHORE TIN BERHAD (“JTB” OR THE “COMPANY”) I. SHARE SPLIT; AND II. BONUS ISSUE; (COLLECTIVELY REFERRED TO AS THE “CORPORATE EXERCISES”)

JOHORE TIN BERHAD

 

Type Announcement
Subject MULTIPLE PROPOSALS
Description 
JOHORE TIN BERHAD ("JTB" OR THE "COMPANY")

I.	SHARE SPLIT; AND
II.	BONUS ISSUE; 

(COLLECTIVELY REFERRED TO AS THE "CORPORATE EXERCISES")

The terms used herein shall, unless the context otherwise stated, bear the same meaning as those defined in the earlier announcements in relation to the Corporate Exercises, where applicable.

We refer to the announcements dated 17 June 2016, 1 July 2016, 29 July 2016 and 1 September 2016 in relation to the Corporate Exercises.

On behalf of the Board, RHB Investment Bank wishes to announce that based on the entitlement date as at 5.00 p.m. on 19 September 2016 (“Entitlement Date”) for the Corporate Exercises:-

  • 93,305,333 ordinary shares of RM1.00 each in JTB will be subdivided into 186,610,666 Subdivided Shares pursuant to the Share Split; and
  • 62,203,032 new Subdivided Shares will be issued pursuant to the Bonus Issue; and
  • 38,876,899 Additional Warrants will be issued pursuant to the Bonus Issue and Share Split.

The Subdivided Shares, Bonus Shares and Additional Warrants will be listed and quoted on the Main Market of Bursa Securities with effect from 9.00 a.m. on 20 September 2016, being the next market day immediately after the Entitlement Date.

 

This announcement is dated 19 September 2016.

Announcement Info

Company Name JOHORE TIN BERHAD
Stock Name JOHOTIN
Date Announced 19 Sep 2016
Category General Announcement for PLC
Reference Number GA1-19092016-00087