BONUS ISSUE OF UP TO 125,356,978 NEW ORDINARY SHARES IN JAG BERHAD ("JAG" OR "COMPANY") ("JAG SHARES" OR "SHARES") ("BONUS SHARES") ON THE BASIS OF 1 BONUS SHARE FOR EVERY 5 EXISTING SHARES HELD BY THE ENTITLED SHAREHOLDERS WHOSE NAMES APPEAR IN THE COMPANY'S RECORD OF DEPOSITORS AS AT 5.00 P.M. ON 24 JUNE 2024 ("ENTITLEMENT DATE") ("ENTITLED SHAREHOLDERS") ("BONUS ISSUE OF SHARES")
About JAG BERHAD
JAG Bhd is an investment holding company with six reportable segments: Manufacturing, Trading, Services, Proprietary Solutions, and Software Maintenance, Investment and Property Development. Manufacturing involves recycling and manufacturing activities of extraction, production, and refinery of ferrous, non-ferrous and precious metals via industrial and electronic waste. Trading includes trading of ferrous and non-ferrous metals. Services include operating coin-operated laundry business. Proprietary solutions include computer software development, maintenance, and support services. Property development includes buy, sell, rent and operate self-owned or leased real estate land, property development, and project management. Most of the firm's revenue is derived from China and Malaysia.
How to be entitled
To be entitled for any of the above, you need to purchase the shares one trading day before the ex-Date. You will not be entitled for the above if you purchase the shares on or after the ex-Date.
On ex-Date, the price will be adjusted to reflect the theoretical market price of the stock after the entitlement. You can sell the shares on / after ex-Date and still be entitled to the corporate exercise. The key is to purchase the shares before ex-Date.
How to subscribe
Shareholders that fulfill the requirement above will need to fill in and submit the right subscription form to the share registrar:
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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....