On behalf of the Board of Directors of JAG, TA Securities Holdings Berhad wishes to announce that the Company proposes to undertake the following:
(i) proposed bonus issue of 125,356,978 new ordinary shares in the Company (“JAG Shares” or “Shares”) (“Bonus Shares”) on the basis of 1 Bonus Share for every 5 existing Shares held on an entitlement date to be determined (“Entitlement Date”) (“Proposed Bonus Issue of Shares”); and
(ii) proposed bonus issue of up to 376,070,935 free warrants in the Company (“Warrants”) on the basis of 3 Warrants for every 5 existing Shares held on the Entitlement Date (“Proposed Bonus Issue of Warrants”).
Further details of the Proposals are set out in the attachment.
This announcement is dated 13 March 2024.
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