OTHERS KWANTAS CORPORATION BERHAD ("KWANTAS" OR "COMPANY") PROPOSED SELECTIVE CAPITAL REDUCTION AND REPAYMENT EXERCISE OF KWANTAS PURSUANT TO SECTION 116 OF THE COMPANIES ACT, 2016 ("PROPOSED SCR")
| KWANTAS CORPORATION BERHAD |
| Type | Announcement |
| Subject | OTHERS |
| Description | KWANTAS CORPORATION BERHAD ("KWANTAS" OR "COMPANY")
PROPOSED SELECTIVE CAPITAL REDUCTION AND REPAYMENT EXERCISE OF KWANTAS PURSUANT TO SECTION 116 OF THE COMPANIES ACT, 2016 ("PROPOSED SCR") |
(Unless otherwise stated, all abbreviations used in this announcement shall have the same meanings as defined in the Company’s announcement dated 25 September 2020 in relation to the Proposed SCR) We refer to the announcements dated 26 August 2020, 28 August 2020, 2 September 2020, 25 September 2020 and 29 September 2020 in relation to the Proposed SCR. On behalf of the Board, Maybank IB wishes to announce that the Securities Commission Malaysia had, vide its letters dated 27 October 2020, notified that it has no further comments on the circular and independent advice letter in relation to the Proposed SCR. This announcement is dated 28 October 2020. |
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Announcement Info
| Company Name | KWANTAS CORPORATION BERHAD |
| Stock Name | KWANTAS |
| Date Announced | 28 Oct 2020 |
| Category | General Announcement for PLC |
| Reference Number | GA1-27102020-00129 |