Rights Issue

JKG LAND BERHAD

EX-date 22 Mar 2017
Entitlement date 24 Mar 2017
Entitlement time 05:00 PM
Entitlement subject Rights Issue
Entitlement description Renounceable rights issue of 1,516,620,000 new ordinary shares in JKG Land Berhad ("JKG" or "Company") ("JKG Shares") ("Rights Shares") at the issue price of RM0.10 per Rights Share on the basis of 2 Rights Shares for every 1 existing JKG Share held as at 5.00 p.m. on 24 March 2017 ("Rights Issue")
Period of interest payment   to  
Financial Year End 31 Jan 2016
Share transfer book & register of members will be   to   closed from (both dates inclusive) for the purpose of determining the entitlement
Registrar or Service Provider name, address, telephone no TRICOR INVESTOR & ISSUING HOUSE SERVICES SDN BHD Unit 32-01, Level 32, Tower A, Vertical Business Suite, Avenue 3, Bangsar South, No. 8, Jalan Kerinchi 59200Kuala Lumpur Tel:0327839299 Fax:0327839222
Payment date
a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers 05 Apr 2017
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) 1,516,620,000
Entitlement indicator Ratio
Ratio 2 : 1
Rights Issue/Offer Price Malaysian Ringgit (MYR) 0.100
Par Value Malaysian Ringgit (MYR) 0.000


Remarks :
The Rights Shares shall be provisionally allotted to the shareholders whose names appear in the Record of Depositors of the Company as at 5.00 p.m. on 24 March 2017 ("Entitlement Date") ("Entitled Shareholders"), subject to the terms and conditions as set out in the abridged prospectus, notice of provisional allotment and rights subscription form to be issued in relation to the Rights Issue (collectively, the "Documents").

The Documents are only despatched to the Entitled Shareholders who have provided the Share Registrar of JKG with a registered address in Malaysia and whose names appear in the Record of Depositors as at 5.00 p.m. on the Entitlement Date. 

The Documents are not intended to be (and will not be) issued, circulated or distributed in any country or jurisdiction other than Malaysia and no action has been or will be taken to ensure that either the Rights Issue or the Documents comply with the laws related to public offerings of any country or jurisdiction where action for such purpose is required, other than the laws of Malaysia.

This Announcement is dated 10 March 2017.


Announcement Info

Company Name JKG LAND BERHAD
Stock Name JKGLAND
Date Announced 10 Mar 2017
Category Entitlement(Notice of Book Closure)
Reference Number ENT-10032017-00004