Jadi Imaging Technologies Sdn Bhd Jadi Imaging Holdings Berhad (“JADI” or “Company”) (I) Proposed Issue of up to 352,251,462 Free Warrants in Jadi (“FREE WARRANTS”) on the Basis of One (1) Free Warrant for Every Two (2) Existing Ordinary Shares of RM0.10 Each in Jadi (“JADI SHARES” OR “SHARES’) Held by the Entitled Shareholders of the Company on an Entitlement Date to be Determined And Announced Later (“PROPOSED FREE WARRANTS ISSUE”); And (II) Proposed Increase in the Authorised Share Capital of the Company from RM100,000,000 Comprising 1,000,000,000 Jadi Shares to RM200,000,000 Comprising 2,000,000,000 Jadi Shares (“PROPOSED INCREASE IN AUTHORISED SHARE CAPITAL”) (Collectively Referred to as “PROPOSALS”) - Jadi Imaging Technologies Sdn Bhd

Jadi Imaging Holdings Berhad (“JADI” or “Company”) (I) Proposed Issue of up to 352,251,462 Free Warrants in Jadi (“FREE WARRANTS”) on the Basis of One (1) Free Warrant for Every Two (2) Existing Ordinary Shares of RM0.10 Each in Jadi (“JADI SHARES” OR “SHARES’) Held by the Entitled Shareholders of the Company on an Entitlement Date to be Determined And Announced Later (“PROPOSED FREE WARRANTS ISSUE”); And (II) Proposed Increase in the Authorised Share Capital of the Company from RM100,000,000 Comprising 1,000,000,000 Jadi Shares to RM200,000,000 Comprising 2,000,000,000 Jadi Shares (“PROPOSED INCREASE IN AUTHORISED SHARE CAPITAL”) (Collectively Referred to as “PROPOSALS”)

August 30, 2010 at 8:46 pm
General Announcement
Reference No MI-100830-62645


Submitting Merchant Bank
:
RHB INVESTMENT BANK BERHAD
Company Name
:
JADI IMAGING HOLDINGS BERHAD
Stock Name
:
JADI
Date Announced
:
30/08/2010


Type
:
Announcement
Subject
:
JADI IMAGING HOLDINGS BERHAD (“JADI” or “Company”)

(I) PROPOSED ISSUE OF UP TO 352,251,462 FREE WARRANTS IN JADI (“FREE WARRANTS”) ON THE BASIS OF ONE (1) FREE WARRANT FOR EVERY TWO (2) EXISTING ORDINARY SHARES OF RM0.10 EACH IN JADI (“JADI SHARES” OR “SHARES’) HELD BY THE ENTITLED SHAREHOLDERS OF THE COMPANY ON AN ENTITLEMENT DATE TO BE DETERMINED AND ANNOUNCED LATER (“PROPOSED FREE WARRANTS ISSUE”); AND

(II) PROPOSED INCREASE IN THE AUTHORISED SHARE CAPITAL OF THE COMPANY FROM RM100,000,000 COMPRISING 1,000,000,000 JADI SHARES TO RM200,000,000 COMPRISING 2,000,000,000 JADI SHARES (“PROPOSED INCREASE IN AUTHORISED SHARE CAPITAL”)

(COLLECTIVELY REFERRED TO AS “PROPOSALS”)

Contents
:
We refer to the announcement dated 30 July 2010 in relation to the Proposals.

On behalf of the Board of Directors of JADI, RHB Investment Bank Berhad is pleased to announce that Bursa Malaysia Securities Berhad (“Bursa Securities”) had vide its letter dated 30 August 2010, approved the following:

(i) admission to the Official List and the listing of and quotation for up to 352,251,462 Free Warrants to be issued pursuant to the Proposed Free Warrants Issue; and

(ii) listing of up to 352,251,462 new JADI Shares to be issued pursuant to the exercise of the Free Warrants.

The approval of Bursa Securities is conditional upon, inter-alia, the following conditions:

(i) JADI and its adviser must fully comply with the relevant provisions under the Main Market Listing Requirements pertaining to the implementation of the Proposed Free Warrants Issue;

(ii) JADI and its adviser to inform Bursa Securities upon completion of the Proposed Free Warrants Issue;

(iii) JADI to furnish Bursa Securities with a written confirmation of its compliance with the terms and conditions of Bursa Securities’ approval once the Proposed Free Warrants Issue is completed; and

(iv) JADI is required to furnish Bursa Securities on a quarterly basis a summary of the fee payable for total number of Shares listed pursuant to the exercise of the Free Warrants as at the end of each quarter.

This announcement is dated 30 August 2010.

Announcement Details :