Highlights

[JAKS-WB] Adjustment on 26-Oct-2020


Stock [JAKS-WB]: JAKS RESOURCES BERHAD
Announcement Date 26-Oct-2020

Financial Year
Subject Adjustment
Type Adjustment
Description ADJUSTMENTS TO THE EXERCISE PRICE AND NUMBER OF OUTSTANDING WARRANTS 2018/2023 ("WARRANTS B") AS SPECIFIED IN THE DEED POLL DATED 5 NOVEMBER 2018 CONSTITUTING THE WARRANTS B ("DEED POLL B") AS A CONSEQUENCE OF THE RENOUNCEABLE RIGHTS ISSUE OF UP TO 1,292,073,304 NEW ORDINARY SHARES IN JAKS RESOURCES BERHAD ("JRB" OR THE "COMPANY") ("RIGHTS SHARES") AT AN ISSUE PRICE OF RM0.22 PER RIGHTS SHARE TOGETHER WITH UP TO 646,036,652 FREE DETACHABLE WARRANTS IN JRB ("WARRANTS") ON THE BASIS OF 8 RIGHTS SHARES TOGETHER WITH 4 WARRANTS FOR EVERY 5 EXISTING ORDINARY SHARES IN JRB HELD AS AT 5.00 P.M. ON TUESDAY, 27 OCTOBER 2020 ("ENTITLEMENT DATE") ("RIGHTS ISSUE WITH WARRANTS") ("ADJUSTMENTS")
Amount 0.8964 : 1.0000
Ex Date 26-Oct-2020
Entitlement Date 27-Oct-2020
Payment Date


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