OTHERS GOLDEN PHAROS BERHAD ("GPB" OR "COMPANY") (I) PROPOSED SETTLEMENT OF RM12,000,000 TO TERENGGANU INCORPORATED SDN BHD ("TERENGGANU INC") VIA THE ISSUANCE OF 12,000,000 REDEEMABLE PREFERENCE SHARES IN GPB AT AN ISSUE PRICE OF RM1.00 EACH ("RPS"); AND (II) PROPOSED AMENDMENTS TO THE CONSTITUTION OF GPB PURSUANT TO THE ISSUANCE OF RPS BY GPB (COLLECTIVELY REFERRED TO AS THE "PROPOSALS")
| GOLDEN PHAROS BERHAD |
| Type | Announcement |
| Subject | OTHERS |
| Description | GOLDEN PHAROS BERHAD ("GPB" OR "COMPANY")
(I) PROPOSED SETTLEMENT OF RM12,000,000 TO TERENGGANU INCORPORATED SDN BHD ("TERENGGANU INC") VIA THE ISSUANCE OF 12,000,000 REDEEMABLE PREFERENCE SHARES IN GPB AT AN ISSUE PRICE OF RM1.00 EACH ("RPS"); AND
(II) PROPOSED AMENDMENTS TO THE CONSTITUTION OF GPB PURSUANT TO THE ISSUANCE OF RPS BY GPB
(COLLECTIVELY REFERRED TO AS THE "PROPOSALS") |
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Reference is made to the Company’s announcement dated 4 June 2020 in relation to the Proposals (“Announcement”). Unless otherwise defined, the definitions used in this announcement shall have the same meanings as those defined in the Announcement. On behalf of the Board, HLIB wishes to announce that the Proposed Settlement has been completed on 13 August 2020 in accordance with the terms and conditions of the Settlement Agreement. This announcement is dated 13 August 2020. |
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Announcement Info
| Company Name | GOLDEN PHAROS BERHAD |
| Stock Name | GPHAROS |
| Date Announced | 13 Aug 2020 |
| Category | General Announcement for PLC |
| Reference Number | GA1-10082020-00051 |