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”

September 17, 2010 at 6:43 pm
General Announcement
Reference No MI-100915-58154


Submitting Merchant Bank
:
RHB INVESTMENT BANK BERHAD
Company Name
:
JADI IMAGING HOLDINGS BERHAD
Stock Name
:
JADI
Date Announced
:
17/09/2010


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 wishes to announce that the Controller of Foreign Exchange, Bank Negara Malaysia had vide its letter dated 15 September 2010 approved the issuance of up to 352,251,462 Free Warrants to non-resident entitled shareholders of JADI pursuant to the Proposed Free Warrants Issue and any additional Free Warrants to be issued as a consequence of adjustments which may be made from time to time pursuant to the provisions of the deed poll, which shall be issued to non-resident shareholders of JADI.

This announcement is dated 17 September 2010

Announcement Details :