I. PROPOSED BONUS ISSUE OF SHARES; AND II. PROPOSED FREE WARRANTS ISSUE
(COLLECTIVELY REFERRED TO AS THE "PROPOSALS") On behalf of the Board of Directors of JAG (“Board”), TA Securities Holdings Berhad (“TA Securities”) wishes to announce that the Company proposes to undertake the following:
(i) proposed bonus issue of up to 123,364,158 new ordinary shares in JAG (“JAG Shares” or “Shares”) (“Bonus Shares”) on the basis of 1 Bonus Share for every 13 existing JAG Shares held on an entitlement date to be determined and announced later (“Entitlement Date”) (“Proposed Bonus Issue of Shares”); and
(ii) proposed free warrants issue of up to 246,728,316 warrants (“Warrants 2017/2020”) on the basis of 2 Warrants 2017/2020 for every 13 existing JAG Shares held on the same Entitlement Date as the Proposed Bonus Issue of Shares (“Proposed Free Warrants Issue”).
Further details on the Proposals are set out in the attachment.
For someone whom asked earlier regarding WA. Most of the time the company will adjust the exercise price or give extra warrants accordingly towards the bonus issue. But this is up to the company.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Vanguard168
146 posts
Posted by Vanguard168 > 2017-08-23 20:30 | Report Abuse
Any link?