1. We refer to the announcement dated 22 July 2008 in relation to the following proposals undertaken by the Company:-

(i) Capital repayment involving a cash distribution on the basis of RM0.75 for every one (1) existing ordinary share of RM1.00 each held in JTI at a date to be determined later via a reduction of share capital pursuant to Section 64 of the Companies Act, 1965 (“Capital Repayment”); and
(ii) Amendments to the Memorandum and Articles of Association of JTI to facilitate the implementation of the Capital Repayment.

2. On behalf of the Board of Directors of JTI, we wish to announce that the High Court of Malaya (“High Court”) had on 18 February 2009 granted the Company the following orders:-
(i) an order confirming the special resolution for the reduction of the Company’s capital pursuant to the Capital Repayment (“Order”);
(ii) the terms of the resolution and the date of the registration of the Order be published in an English daily newspaper within one (1) month from the lodging of the Order with the Companies Commission of Malaysia; and
(iii) any cost of and incidental to the petition be borne by the Company.
JTI is presently awaiting the extraction of the said Order from the High Court.
This announcement is dated 19 February 2009.

may I know what this means? thank you.

and still dropping.

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Added on March 4, 2009, 1:59 pm

Aiya, local bank also got lar, as same as ordinary opening account process.

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I have some pounds, do you think I can open fd for my money?

[quote=sharesa,Mar 4 2009, 03:46 PM]
I have some pounds, do you think I can open fd for my money?

[/quote]
you can open FD for Pounds using MYR , as the bank will do the exchange using the board rate. Not using your own Pounds directly.

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wasted lo just laying there.