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NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING JAKS RESOURCES BERHAD ("JAKS" OR "COMPANY") PROPOSED PRIVATE PLACEMENT OF UP TO 10% OF THE TOTAL NUMBER OF ISSUED SHARES IN JAKS ("PRIVATE PLACEMENT")

JAKS RESOURCES BERHAD

Type Announcement
Subject NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
FUND RAISING
Description
JAKS RESOURCES BERHAD ("JAKS" OR "COMPANY") 

PROPOSED PRIVATE PLACEMENT OF UP TO 10% OF THE TOTAL NUMBER OF ISSUED SHARES IN JAKS ("PRIVATE PLACEMENT")

Unless otherwise defined, the definitions set out in the announcement dated 1 March 2024, the additional announcement dated 14 March 2024, the additional announcement dated 20 March 2024 and the additional announcement dated 27 March 2024 shall apply herein.

 

On behalf of the Board, M&A Securities is pleased to announce that the Company has on 3 May 2024 fixed the issue price of the first tranche of the Placement Shares at RM0.1200 per Placement Share to be issued pursuant to the Private Placement (“Price-Fixing Date”).

 

The aforementioned issue price of RM0.1200 per Placement Share represents a discount of approximately RM0.0127 or 9.57% from the 5D-VWAMP of JAKS Shares from 25 April 2024 to 2 May 2024, being the market day immediately preceding to the Price-Fixing Date of approximately RM0.1327 per JAKS Share.

 

This announcement is dated 3 May 2024.






Announcement Info

Company Name JAKS RESOURCES BERHAD
Stock Name JAKS
Date Announced 03 May 2024
Category General Announcement for PLC
Reference Number GA1-03052024-00047



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