1.5 million will be offered
to existing share holders of the company each according
to their shareholding at par value of 1 JD per share.
Accordingly each share holder will be entitled to approximately
33% of a share per share they own. The board of directors
is committed to cover unsubscribed shares at 90% of market
price.
The balance of 4 million
JD will be offered to Strategic Investors at 90% of
share market value at the time of transaction.
