Multiple Proposals
11-11-2016
Type | Announcement |
Subject | MULTIPLE PROPOSALS |
Description |
TITIJAYA LAND BERHAD ("TLB" OR THE "COMPANY") (I) PROPOSED SHARE SPLIT; (II) PROPOSED FREE WARRANTS ISSUE; AND (III) PROPOSED AMENDMENTS (COLLECTIVELY REFERRED TO AS THE "PROPOSALS") |
On behalf of the Board of Directors of TLB, TA Securities Holdings Berhad wishes to announce that the Company proposes to undertake the following: (i) proposed share split involving a subdivision of every one (1) ordinary share of RM0.50 each in TLB (“TLB Share” or “Share”) into two (2) new ordinary shares of RM0.25 each in TLB (“Subdivided Shares”) held at an entitlement date to be determined later (“Proposed Share Split”); (ii) proposed issue of up to 1,104,732,454 free warrants in TLB (“Warrants”) on the basis of one (1) Warrant for every two (2) Subdivided Shares held after the Proposed Share Split (“Proposed Free Warrants Issue”); and (iii) proposed amendments to the Memorandum and Articles of Association of the Company to facilitate the Proposed Share Split (“Proposed Amendments”). Please refer to the attachment for further details of the Proposals. This announcement is dated 11 November 2016. |
Announcement Info
Company Name | TITIJAYA LAND BERHAD |
Stock Name | TITIJYA |
Date Announced | 11 Nov 2016 |
Category | General Announcement for PLC |
Reference Number | GA1-11112016-00101 |
Attachments
- TLB_-_Proposals_(final).pdf (Size: 1,384,778 bytes)