Jerneh and Jerneh Wa

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For those who did not manage to convert to JERNEH mother share, today 5pm is the last day of converting.


What you will get in return if you miss it?


Today Jerneh closing 3.21.


3.21 - 1.89 = 1.32


So Jerneh Wa conversion price is RM 1, so jerneh wa theoretically worth 0.28 walau wei!!!!!


Today Jerneh WA closing price is 0.78, walau wei a drop of 31 cents.


But share market price is illogical, let's wait and see what is jerneh wa price tomorrow.



JERNEH - Entitlement - Others (Amended Announcement)

Announcement Type: Entitlements (Notice of Book Closure)
Submitting Merchant Bank: AMINVESTMENT BANK BERHAD
Company Name: JERNEH ASIA BERHAD
Stock Name: JERNEH
Date Announced: 11/07/2011

Announcement Detail:
EX-date: 19/07/2011

Entitlement date: 21/07/2011

Entitlement time: 05:00:00 PM

Entitlement subject: Others

Entitlement description: Final and special dividend:

Gross final dividend of RM0.08 per share, less income tax of 25%
Gross special dividend of RM0.21 per share, less income tax of 25%
Special single-tier dividend of RM1.60 per share

Period of interest payment: to

Financial Year End: 31/12/2010

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: PPB CORPORATE SERVICES SDN BHD
17TH FLOOR WISMA JERNEH
38 JALAN SULTAN ISMAIL
50250 KUALA LUMPUR
TEL : 03-21170888

Payment date: 04/08/2011

a. Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers: 21/07/2011

Entitlement indicator: Currency

Currency: Malaysian Ringgit (MYR)

Entitlement in Currency: 1.89

Remarks: For clarity purposes:

RM1.89 is gross of tax

RM1.81 is net of tax

JERNEH-WA - Entitlement - Others (Amended Announcement)

Announcement Type: Entitlements (Notice of Book Closure)
Submitting Merchant Bank: HWANGDBS INVESTMENT BANK BERHAD
Company Name: JERNEH ASIA BERHAD
Stock Name: JERNEH-WA
Date Announced: 11/07/2011

Announcement Detail:
EX-date: 19/07/2011

Entitlement date: 21/07/2011

Entitlement time: 05:00:00 PM

Entitlement subject: Others

Entitlement description: Adjustment to the exercise price of Warrants 2007/2012 ("Warrants") issued in accordance with the provisions of the deed poll dated 11 April 2007 ("Deed Poll"), pursuant to the final and special gross dividend of RM1.89 per share by Jerneh Asia Berhad ("JAB") to its shareholders

Period of interest payment: to

Financial Year End: 31/12/2010

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: PPB CORPORATE SERVICES SDN BHD
17TH FLOOR, WISMA JERNEH,
38 JALAN SULTAN ISMAIL
50250 KUALA LUMPUR
Tel: 03-2117 0888

a. Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers: 21/07/2011

Entitlement indicator: Currency

Currency: Malaysian Ringgit (MYR)

Entitlement in Currency: 1

Remarks: We refer to the announcement dated 7 July 2011 in relation to the adjustment to the Exercise Price of Warrants ("Announcement"). Unless specified herein, all abbreviations used herein shall have the same meaning as those used in the Announcement.

Pursuant to the payment of final and special gross dividend of RM1.89 per JAB Share (as announced by AmInvestment Bank Berhad today), based on the 5-day volume weighted average market price of JAB Share up to 6 July 2011 (being the preceding date prior to the Announcement) of RM3.17 and as per the Deed Poll, there shall be no adjustment made involving reduction in exercise price below the par value of JAB Share, the New Exercise Price of the Warrants will be adjusted to RM1.00, being the par value of JAB Share as a result of the final and special dividend.