Jadi Imaging Technologies Sdn Bhd Entitlement - Others - Jadi Imaging Technologies Sdn Bhd

Entitlement – Others

March 20, 2015 at 12:00 am
Entitlements (Notice of Book Closure)
Reference No MH-150320-59364

Submitting Merchant Bank
:
AFFIN HWANG INVESTMENT BANK BERHAD
Company Name
:
JADI IMAGING HOLDINGS BERHAD
Stock Name
:
JADI-WA
Date Announced
:
20/03/2015

EX-date
:
01/04/2015
Entitlement date
:
03/04/2015
Entitlement time
:
05:00:00 PM
Entitlement subject
:
Others
Entitlement description
:
Adjustments to the exercise price and the number of outstanding warrants 2010/2015 of JADI Imaging Holdings Berhad (“JADI” or “Company”) (“Warrants 2010/2015”) in accordance with the deed poll dated 27 September 2010 pursuant to the bonus issue of up to 309,812,224 new ordinary shares of RM0.10 each in JADI (“Bonus Shares”) on the basis of 1 Bonus Share for every 3 existing ordinary shares of RM0.10 each in JADI held as at 5.00 p.m. on 3 April 2015 (“Adjustments”)
Period of interest payment
:
to
Financial Year End
:
Share transfer book & register of members will be
:
to closed from (both dates inclusive) for the purpose of determining the entitlements
Registrar’s name ,address, telephone no
:
Tricor Investor Services Sdn Bhd
Level 17, The Gardens North Tower
Mid Valley City
Lingkaran Syed Putra
59200 Kuala Lumpur
Kuala Lumpur
Tel: 03 – 2264 388
Payment date
:

a.

Securities transferred into the Depositor’s Securities Account before 4:00 pm in respect of transfers
:
03/04/2015

b.

Securities deposited into the Depositor’s Securities Account before 12:30 pm in respect of securities exempted from mandatory deposit
:

c.

Securities bought on the Exchange on a cum entitlement basis according to the Rules of the Exchange.
Number of new shares/securities issued (units) (If applicable)
:
Entitlement indicator
:
Ratio
Ratio
:
1 : 3
Rights Issues/Offer Price
:
Remarks :
The holders of the Warrants 2010/2015 (“Warrantholders”) whose names appear in the Record of Depositors of JADI for the Warrants 2010/2015 as at 5.00 p.m. on 3 April 2015 (“Entitlement Date”) shall accordingly be entitled to the Adjustments.

For illustrative purposes only, a Warrantholder who holds 100 Warrants 2010/2015 shall have the number of outstanding Warrants 2010/2015 adjusted to 133 Warrants 2010/2015 and the exercise price of the outstanding Warrants 2010/2015 shall be adjusted from RM0.17 to RM0.13 per Warrant 2010/2015. The adjustment to the exercise price of Warrants 2010/2015 and the number of additional Warrants 2010/2015 to be issued shall be certified by the Company’s auditors prior to the effective date.

The Adjustments shall take effect on 6 April 2015, being the next market day following the Entitlement Date. The notice setting out the Adjustments will be despatched to the Warrantholders within 21 days from the Entitlement Date. No action is required on the part of the Warrantholders in respect of the Adjustments.

The final number of additional Warrants 2010/2015 to be issued and allotted will depend on the number of outstanding Warrants 2010/2015 which have yet to be exercised as at the Entitlement Date and shall be listed and quoted simultaneously with the Bonus Shares on the Main Market of Bursa Malaysia Securities Berhad on 6 April 2015, being the next market day following the Entitlement Date.

For the Warrantholders to be entitled to the Bonus Shares, they must exercise their respective Warrants 2010/2015 and lodge their duly completed and signed exercise form together with the exercise monies with the share registrar of the Company, Tricor Investor Services Sdn Bhd, by 5.00 p.m. on 24 March 2015.