Thursday, July 26, 2012

JTIASA-CA - Bonus Issue (0 : 0)

Company: JTIASA-CA:CW JAYA TIASA (AM)
Stock Name: JTIASA-CA
Amount/Ratio: 0 : 0
Announcement Date: 26/07/2012
Ex Date: 03/08/2012

Detail:

EX-date: 03/08/2012

Entitlement date: 07/08/2012

Entitlement time: 05:00:00 PM

Entitlement subject: Bonus Issue

Entitlement description: ADJUSTMENT TO THE TERMS AND CONDITIONS OF THE EUROPEAN STYLE CASH-SETTLED CALL WARRANTS OVER ORDINARY SHARES OF JAYA TIASA HOLDINGS BERHAD ("JTIASA") ("JTIASA SHARES") ("JTIASA-CA")

Period of interest payment: to

Share transfer book & register of members will be: to closed from (both dates inclusive) for the purpose of determining the entitlements

Registrar's name ,address, telephone no: Tricor Investor Services Sdn Bhd
Level 17, The Gardens North Tower
Mid Valley City
Lingkaran Syed Putra
59200 Kuala Lumpur
Malaysia
Tel : 03-2264 3883

a. Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers: 07/08/2012

Entitlement indicator: Ratio

Ratio: 0 : 0

Remarks: Exercise Price

The exercise price for the JTIASA-CA will be adjusted as determined by the following formula:

X/(1+N)

where,

N = 2.00, being the number of new JTIASA Shares (whether a whole or fraction) per existing JTIASA Share each holder thereof is entitled.

X = RM7.48, being the existing exercise price of the JTIASA-CA immediately prior to the Proposed Bonus Issue.

Based on the calculation above, the exercise price of JTIASA-CA will be adjusted from RM7.48 to RM2.4933.


Warrant Component/Exercise Ratio

The warrant component/exercise ratio for the JTIASA-CA will be adjusted as determined by the following formula:


(1+N) x E


where,

N = 2.00, being the number of new JTIASA Shares (whether a whole or fraction) per existing JTIASA Share each holder thereof is entitled.

E = 0.0833 (12 JTIASA-CA to 1 JTIASA Share), being the existing warrant component of the JTIASA-CA immediately prior to the Proposed Bonus Issue.

Based on the calculation above, the warrant component/exercise ratio of JTIASA-CA will be adjusted from 0.0833 (12 JTIASA-CA to 1 JTIASA Share) to 0.2500 (4 JTIASA-CA to 1 JTIASA Share).

The actual adjustments to the JTIASA-CA will take effect immediately on the ex-date of the Proposed Bonus Issue to be announced by JTIASA.

This announcement is dated 26 July 2012.

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