Bursa Announcements

Date : 03 January 2018

NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : COMBINATION OF NEW ISSUE OF SECURITIES KERJAYA PROSPEK GROUP BERHAD ("KERJAYA" OR THE "COMPANY") - PROPOSED BONUS ISSUE OF SHARES; AND - PROPOSED BONUS ISSUE OF WARRANTS (COLLECTIVELY REFERRED TO AS THE "PROPOSALS")

KERJAYA PROSPEK GROUP BERHAD

Type Announcement
Subject NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
COMBINATION OF NEW ISSUE OF SECURITIES
Description
KERJAYA PROSPEK GROUP BERHAD ("KERJAYA" OR THE "COMPANY")

-  PROPOSED BONUS ISSUE OF SHARES; AND
-  PROPOSED BONUS ISSUE OF WARRANTS

(COLLECTIVELY REFERRED TO AS THE "PROPOSALS")

On behalf of the Board of Directors of Kerjaya (Board), AmInvestment Bank Berhad (AmInvestment Bank) wishes to announce that the Company proposes to undertake the following Proposals:-

  1. A proposed bonus issue of up to 677,437,658 new ordinary shares in the Company (Kerjaya Shares or Shares) (Bonus Shares) on the basis of 6 Bonus Shares for every 5 existing Kerjaya Shares held on an entitlement date to be determined later ("Entitlement Date") (Proposed Bonus Issue of Shares); and
  2. A proposed bonus issue of up to 169,359,414 new warrants in Kerjaya (Bonus Warrants) on the basis of 6 Bonus Warrants for every 20 existing Kerjaya Shares held on the Entitlement Date (Proposed Bonus Issue of Warrants).

Further details of the Proposals are set out in the enclosed attachment.

The Company's press release for the Proposals is also attached herewith. 

This announcement is dated 3 January 2018.


 




Please refer attachment below.



Announcement Info

Company Name KERJAYA PROSPEK GROUP BERHAD
Stock Name KERJAYA
Date Announced 03 Jan 2018
Category General Announcement for PLC
Reference Number GA1-12122017-00009


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