Jetcon Corporation Limited (JETCON) has advised that the following business was transacted at its Annual General Meeting held on Wednesday June 14, 2017:

That pursuant to Article 48 of the Articles of Association of the Company

(a)”that each of the authorized ordinary shares in the capital of the Company be subdivided into 4 units each for every 1 that currently exists, resulting in the authorized capital being increased to 1,200,000,000 ordinary shares of no par value”. This resolution was passed by majority vote, as an ordinary resolution.

(b)”that the issued capital be subdivided into 3 shares for every one currently issued, effective for shareholders on record at the close of business on June 26, 2017″. This resolution was passed by majority vote, as an ordinary resolution.