Additional Listing Announcement
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14-06-2017
1. Details of Corporate Proposal
| Involve issuance of new type/class of securities ? | No |
| Types of corporate proposal | Conversion of Preference Shares |
| Details of corporate proposal | Conversion of Redeemable Convertible Preference Shares |
| No. of shares issued under this corporate proposal | 6,666,666 |
| Issue price per share ($$) | Malaysian Ringgit (MYR) 0.5000 |
| Par Value($$) (if applicable) | |
Latest issued share capital after the above corporate proposal in the following |
|
| Units | 409,999,933 |
| Issued Share Capital ($$) | Malaysian Ringgit (MYR) 353,096,888.500 |
| Listing Date | 15 Jun 2017 |
| Remarks : |
|
Pursuant to the Section 618 of the Companies Act 2016 ("the Act") upon the commencement of Section 74 of the Act, any amount standing to the credit of a company's share premium account and capital redemption reserve shall become part of the company's share capital, notwithstanding, a company may, within twenty-four (24) months upon commencement of Section 74 of the Act, use the amount standing to the credit of its share premium account, for certain purposes as prescribed in the Act. As at the date of this announcement, the share premium of the Company amounted to RM139,526,078.00. |
Announcement Info
| Company Name | TITIJAYA LAND BERHAD |
| Stock Name | TITIJYA |
| Date Announced | 14 Jun 2017 |
| Category | Additional Listing Announcement |
| Reference Number | ALA-14062017-00012 |