Bonus Issue

JF TECHNOLOGY BERHAD

Entitlement subject Bonus Issue
Entitlement description
JF TECHNOLOGY BERHAD ("JF TECH" OR THE "COMPANY")

BONUS ISSUE OF 692,998,755 NEW ORDINARY SHARES IN JF TECH ("JF TECH SHARE(S)") ("BONUS SHARES") TOGETHER WITH 461,999,170 FREE DETACHABLE WARRANTS ("WARRANTS"), ON THE BASIS OF 3 BONUS SHARES TOGETHER WITH 2 WARRANTS FOR EVERY 1 EXISTING JF TECH SHARE HELD AS AT 5.00 P.M. ON 21 JANUARY 2021 ("BONUS ISSUE OF SHARES WITH WARRANTS")
Shareholder's Approval Yes
Ex-Date 20 Jan 2021
Entitlement date 21 Jan 2021
Entitlement time 5:00 PM
Financial Year End 30 Jun 2021
Share transfer book & register of members will be  to  closed from (both dates inclusive) for the purpose of determining the entitlement
Securities Crediting Date
a.Securities transferred into the Depositor's Securities Account before 4:30 pm in respect of transfers 21 Jan 2021
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)
Entitlement indicator Ratio
Par Value (if applicable)

Securities Entitlement
Company Name
JF TECHNOLOGY BERHAD
Entitlement
Bonus Shares and Warrants
Ratio (New : Existing) 3.0000 : 1.0000
Available/Listing Date 03 Feb 2021
Fractional Entitlement Round Down / Fraction Disregard

Registrar or Service Provider name, address, telephone no SECURITIES SERVICES (HOLDINGS) SDN BHD
Level 7, Menara Milenium
Jalan Damanlela, Pusat Bandar Damansara

Damansara Heights

50490 Kuala Lumpur

Wilayah Persekutuan

Malaysia

Tel:0320849000
Fax:0320949940


Remarks :
The Bonus Issue of Shares with Warrants will entail the issuance of 692,998,755 Bonus Shares to be credited as fully paid-up, together with 461,999,170 Warrants on the basis of 3 Bonus Shares together with 2 Warrants for every 1 existing JF Tech Share held by the entitled shareholders.

The Bonus Shares and Warrants will be listed and quoted on the ACE Market of Bursa Malaysia Securities Berhad ("Bursa Securities") on 3 February 2021, being 2 market days after the submission of the quotation application for the Warrants to Bursa Securities.

The notices of allotment for the Bonus Shares and Warrants will be issued and despatched to all entitled shareholders not later than 4 market days after the date of the listing and quotation of the Bonus Shares and Warrants on the ACE Market of Bursa Securities.

The Company had on 30 December 2020 executed the deed poll constituting the Warrants.

This announcement is dated 30 December 2020.


Announcement Info

Company Name JF TECHNOLOGY BERHAD
Stock Name JFTECH
Date Announced 30 Dec 2020
Category Entitlement(Notice of Book Closure)
Reference Number ENT-03122020-00001
Corporate Action ID MY201203BONU0001