Multiple Proposals

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30-11-2016

Type Announcement
Subject MULTIPLE PROPOSALS
Description

TITIJAYA LAND BERHAD ("TLB" OR THE "COMPANY") (I) PROPOSED RIGHTS ISSUE OF IRREDEEMABLE CONVERTIBLE PREFERENCE SHARES; (II) PROPOSED INCREASE IN AUTHORISED SHARE CAPITAL; (III) PROPOSED AMENDMENTS TO THE MEMORANDUM AND ARTICLES OF ASSOCIATION OF TLB; (IV) PROPOSED ACQUISITION; (V) PROPOSED SHARE SPLIT; (VI) PROPOSED FREE WARRANTS ISSUE; AND (VII) PROPOSED AMENDMENTS (COLLECTIVELY REFERRED TO AS THE "PROPOSALS")

We refer to the announcements dated 26 August 2016, 20 September 2016, 30 September 2016 and 11 November 2016 in relation to the Proposals (“Announcements”). Unless otherwise defined, the definitions set out in the Announcements shall apply herein.

On behalf of the Board, TA Securities has on 29 November 2016 submitted an application to Bursa Securities seeking its approval for an extension of time of up to 31 January 2017 to submit the following:

(i)  draft circular to shareholders for the Proposed Issuance of Consideration Shares, Proposed Share Split, Proposed Free Warrants Issue and Proposed Amendments; and

(ii) the application for the Proposed Share Split.

This announcement is dated 30 November 2016.

 


Announcement Info

Company Name TITIJAYA LAND BERHAD
Stock Name TITIJYA
Date Announced 30 Nov 2016
Category General Announcement for PLC
Reference Number GA1-30112016-00092