OTHERS MINTYE BERHAD ("MINTYE" OR "COMPANY") PROPOSED SELECTIVE CAPITAL REDUCTION AND REPAYMENT EXERCISE OF MINTYE PURSUANT TO SECTION 116 OF THE COMPANIES ACT 2016 ("PROPOSED SCR")
| MINTYE BERHAD |
| Type | Announcement | ||||||||||
| Subject | OTHERS |
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| Description | MINTYE BERHAD ("MINTYE" OR "COMPANY")
PROPOSED SELECTIVE CAPITAL REDUCTION AND REPAYMENT EXERCISE OF MINTYE PURSUANT TO SECTION 116 OF THE COMPANIES ACT 2016 ("PROPOSED SCR") |
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Reference is made to the Company’s announcements dated 19 August 2019 and subsequent announcements as well as the circular to shareholders dated 29 October 2019 in relation to the Proposed SCR (“Announcements”). Unless otherwise defined, the definitions used in this announcement shall have the same meanings as those defined in the Announcements. On behalf of the Board, Hong Leong Investment Bank Berhad wishes to announce that due to the announcement made by the Government of Malaysia on the Movement Control Order effective from 18 March 2020 until 14 April 2020, the High Court of Malaya has postponed the hearing date to 22 April 2020 to confirm the reduction of share capital of the Company pursuant to Section 116 of the Act to give effect to the Proposed SCR. Following the above, we are pleased to set out below the latest tentative timetable for the implementation of the Proposed SCR:
This announcement is dated 3 April 2020. |
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Announcement Info
| Company Name | MINTYE BERHAD |
| Stock Name | MBG |
| Date Announced | 03 Apr 2020 |
| Category | General Announcement for PLC |
| Reference Number | GA1-03042020-00025 |