NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING JAG BERHAD ("JAG" OR "COMPANY") PROPOSED PRIVATE PLACEMENT OF UP TO 192,186,600 NEW ORDINARY SHARES IN JAG, REPRESENTING 10% OF THE TOTAL NUMBER OF ISSUED SHARES IN JAG (EXCLUDING TREASURY SHARES) TO INDEPENDENT THIRD PARTY INVESTOR(S) TO BE IDENTIFIED AT A LATER DATE ("PROPOSED PRIVATE PLACEMENT")

JAG BERHAD

Type Announcement
Subject NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
FUND RAISING
Description
JAG BERHAD ("JAG" OR "COMPANY")

PROPOSED PRIVATE PLACEMENT OF UP TO 192,186,600 NEW ORDINARY SHARES IN JAG, REPRESENTING 10% OF THE TOTAL NUMBER OF ISSUED SHARES IN JAG (EXCLUDING TREASURY SHARES) TO INDEPENDENT THIRD PARTY INVESTOR(S) TO BE IDENTIFIED AT A LATER DATE ("PROPOSED PRIVATE PLACEMENT")

On behalf of the Board of Directors of JAG, M&A Securities Sdn Bhd wishes to announce that JAG proposes to implement a private placement of up to 10% of the total number of issued shares in JAG (excluding treasury shares) to independent third party investor(s) to be identified at a later date.

Further details of the Proposed Private Placement are set out in the attachement below.


This announcement is dated 21 June 2018.




Please refer attachment below.



Announcement Info

Company Name JAG BERHAD
Stock Name JAG
Date Announced 21 Jun 2018
Category General Announcement for PLC
Reference Number GA1-21062018-00059