Investor Relations

New issue of securities (Chapter 6 of Listing Requirements): Combination of New Issue Of Securities
BackMay 04, 2012
Date Announced : 04/05/2012  



Type : Announcement
Subject :
NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
COMBINATION OF NEW ISSUE OF SECURITIES

Description :
JAYA TIASA HOLDINGS BERHAD (“JTH”)

(I) PROPOSED PLACEMENT OF UP TO 42,379,200 NEW ORDINARY SHARES OF RM1.00 EACH IN JTH (“PLACEMENT SHARES”), REPRESENTING UP TO 15% OF THE ISSUED AND PAID-UP SHARE CAPITAL OF JTH (“PROPOSED PLACEMENT”); AND

(II) PROPOSED BONUS ISSUE OF UP TO 649,815,398 NEW ORDINARY SHARES OF RM1.00 EACH IN JTH (“BONUS SHARES”) ON THE BASIS OF 2 BONUS SHARES FOR EVERY 1 EXISTING ORDINARY SHARE HELD AFTER THE PROPOSED PLACEMENT (“PROPOSED BONUS ISSUE”)

(COLLECTIVELY REFERRED TO AS THE “PROPOSALS”)

Announcement Details/Table Section :

 

 

We refer to the announcement dated 25 April 2012 in relation to the Proposals. 

On behalf of JTH, CIMB Investment Bank Berhad (“CIMB”) wishes to announce that Bursa Malaysia Securities Berhad (“Bursa Securities”) has in its letter dated 3 May 2012, approved the following: 

(i)             listing of and quotation for up to 42,379,200 Placement Shares to be issued pursuant to the Proposed Placement; and  

(ii)            listing of and quotation for up to 649,815,398 Bonus Shares to be issued pursuant to the Proposed Bonus Issue. 

The approval granted by Bursa Securities for the Proposed Placement and/or Proposed Bonus Issue is subject to the following conditions: 

(i)         JTH and CIMB must fully comply with the relevant provisions under the Main Market Listing Requirements of Bursa Securities (“Bursa Securities LR”) pertaining to the implementation of the Proposed Placement and Proposed Bonus Issue; 

(ii)         JTH and CIMB to inform Bursa Securities upon the completion of the Proposed Placement and Proposed Bonus Issue; 

(iii)        JTH to furnish Bursa Securities with a written confirmation of its compliance with the terms and conditions of Bursa Securities’ approval once the Proposed Placement and Proposed Bonus Issue are completed;

(iv)        JTH to furnish Bursa Securities with a certified true copy of the resolution passed by the shareholders in a general meeting approving the Proposed Placement and/or Proposed Bonus Issue prior to the quotation of the Placement Shares and/or Bonus Shares respectively; 

(v)        JTH and CIMB are required to make the relevant announcements pursuant to Paragraph 6.35(2)(a) & (b) and 6.35(4) of the Bursa Securities LR in relation to the Proposed Bonus Issue; and 

(vi)        Additional listing fee payable for the Placement Shares together with a copy of the details of the computation of the amount of listing fees payable (where applicable). 

 This announcement is dated 4 May 2012.