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IMPIANA

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SUBDIVISION / CONSOLIDATION OF SHARES (CHAPTER 13 OF LISTING REQUIREMENTS) IMPIANA HOTELS BERHAD (FORMERLY KNOWN AS BIO OSMO BERHAD) ("IMPIANA" OR THE "COMPANY") (I) PROPOSED SHARE CONSOLIDATION; AND (II) PROPOSED AMENDMENTS (COLLECTIVELY, THE "PROPOSALS")

IMPIANA HOTELS BERHAD

Type Announcement
Subject SUBDIVISION / CONSOLIDATION OF SHARES (CHAPTER 13 OF LISTING REQUIREMENTS)
Description
IMPIANA HOTELS BERHAD (FORMERLY KNOWN AS BIO OSMO BERHAD) ("IMPIANA" OR THE "COMPANY")

(I)	PROPOSED SHARE CONSOLIDATION; AND
(II)	PROPOSED AMENDMENTS

(COLLECTIVELY, THE "PROPOSALS")

Reference is made to the Company’s announcements dated 11 July 2019 and 12 July 2019 in relation to the Proposals (“Announcements”). Unless otherwise defined, capitalised terms used in this announcement shall have the same meanings as defined in the aforesaid Announcements.

On behalf of the Board, HLIB wishes to announce that Bursa Securities has, via its letter dated 17 July 2019, resolved to approve the Proposed Share Consolidation.

The approval by Bursa Securities is subject to the following conditions:

(i)  Impiana to furnish Bursa Securities with a certified true copy of the resolution passed by shareholders at the extraordinary general meeting for the Proposed Share Consolidation; and

(ii)  HLIB is required to make the relevant announcements pursuant to Paragraph 13.20(2) of the Main Market Listing Requirements of Bursa Securities.

This announcement is dated 17 July 2019.






Announcement Info

Company Name IMPIANA HOTELS BERHAD
Stock Name IMPIANA
Date Announced 17 Jul 2019
Category General Announcement for PLC
Reference Number GA1-17072019-00051