Subject |
CIRCULAR TO SHAREHOLDERS IN RELATION TO THE(I) PROPOSED RENOUNCEABLE RIGHTS ISSUE OF 23,326,333 NEW ORDINARY SHARES OF RM1.00 EACH IN JOHORE TIN BERHAD (“JTB” OR THE “COMPANY”) (“RIGHTS SHARE(S)”) TOGETHER WITH 23,326,333 NEW FREE DETACHABLE WARRANTS (“WARRANT(S)”) ON THE BASIS OF ONE (1) RIGHTS SHARE AND ONE (1) WARRANT FOR EVERY THREE (3) EXISTING ORDINARY SHARE(S) OF RM1.00 EACH IN JTB (“JTB SHARE(S)”) HELD ON AN ENTITLEMENT DATE TO BE DETERMINED LATER;(II) PROPOSED INCREASE IN AUTHORISED SHARE CAPITAL OF JTB FROM RM100,000,000 COMPRISING 100,000,000 JTB SHARES to RM200,000,000 COMPRISING 200,000,000 JTB SHARES; AND (III) PROPOSED AMENDMENTS TO THE MEMORANDUM AND ARTICLES OF ASSOCIATION OF JTB |