SUBDIVISION / CONSOLIDATION OF SHARES (CHAPTER 13 OF LISTING REQUIREMENTS) JAG BERHAD ("JAG" OR THE "COMPANY") - PROPOSED SHARE CONSOLIDATION

JAG BERHAD

Type Announcement
Subject SUBDIVISION / CONSOLIDATION OF SHARES (CHAPTER 13 OF LISTING REQUIREMENTS)
Description
JAG BERHAD ("JAG" OR THE "COMPANY")

- PROPOSED SHARE CONSOLIDATION

Unless otherwise defined, the definitions set out in the announcement dated 16 June 2020 shall apply herein.

 

On behalf of the Board of Directors of JAG, M&A Securities Sdn Bhd wishes to announce that Bursa Malaysia Securities Berhad had, vide its letter dated 1 July 2020, approved the following:

 

(i) Proposed Share Consolidation;

 

(ii) Listing and quotation of up to 503,342,757 Consolidated Shares (assuming full exercise of the Consolidated Warrants prior to the implementation of the Proposed Share Consolidation); and

 

(iii) Listing of up to 48,691,230 Consolidated Warrants (assuming none of the Warrants are exercised prior to the implementation of the Proposed Share Consolidation).

 

 

This announcement is dated 1 July 2020.






Announcement Info

Company Name JAG BERHAD
Stock Name JAG
Date Announced 01 Jul 2020
Category General Announcement for PLC
Reference Number GA1-01072020-00095