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Jawala Inc.
01-06-2018, 05:55 PM.
Post: #1
Jawala Inc.
Jawala Inc. is a forest resource company focusing on industrial tree plantations in Sabah, Malaysia. It practises the sustainable management of forestry resources as well as the planting, extraction and sale of timber. It is licensed to manage a Commercial Forest Reserve (Class II) of approximately 11,043 hectares in Sapulut Forest Reserve (estimated 9,037 hectares for planting) until 31 December 2115, with potential for a 100-year period extension at the discretion of Sabah’s Chief Minister.

With a market capitalisation of about S$30 million, the listing of Jawala Inc. brings the total number of companies listed on Catalist to 206, with a combined market capitalisation of about S$12 billion.

The short name and the abbreviated name are '$ Jawala' and 'JAWALA' respectively. The ISIN Code is MYA013922002.

Jawala Inc. made its trading debut on the Singapore Exchange's Catalist board at 2pm on Friday, June 1.

There were 18,000,000 Invitation Shares comprising 17,600,000 Placement Shares at S$0.25 each by way of a placement and 400,000 Offer Shares at S$0.25 each by way of public offer.

The following parties have applied for and have been allotted 5.0% or more of the Invitation Shares  (Number of Invitation Shares) :
Anuar Bin Ahmed (3,400,000) 
Yeo Eck Liong (3,000,000) 
Syarikat Samling Timber Sdn Bhd (2,000,000) 
Swift Gain Management Limited (2,000,000) 
Rendy Halim (1,200,000) 
Chong Mee Fah @ Frederick Chong (1,000,000) 

Jawala Inc. opened at S$0.265 today and closed at S$0.260.
Specuvestor: Asset - Business - Structure.

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