MTDACPI

0.275

(%)

OTHERS MTD ACPI ENGINEERING BERHAD ("MTD ACPI" OR "COMPANY") PROPOSED SELECTIVE CAPITAL REDUCTION AND REPAYMENT EXERCISE OF MTD ACPI PURSUANT TO SECTION 116 OF THE COMPANIES ACT 2016 ("PROPOSED SCR")

MTD ACPI ENGINEERING BERHAD

Type Announcement
Subject OTHERS
Description
MTD ACPI ENGINEERING BERHAD ("MTD ACPI" OR "COMPANY")

PROPOSED SELECTIVE CAPITAL REDUCTION AND REPAYMENT EXERCISE OF MTD ACPI PURSUANT TO SECTION 116 OF THE COMPANIES ACT 2016 ("PROPOSED SCR")

Reference is made to the Company’s announcement dated 7 December 2020 in relation to the Proposed SCR (“Announcement”). Unless otherwise defined, the definitions used in this announcement shall have the same meanings as those defined in the Announcement.

We refer to the Company's announcement dated 7 December 2020, 10 December 2020 and 21 December 2020 in relation to the Proposed SCR.

On behalf of the Board, KAF Investment Bank Berhad wishes to announce that the Board (save for the Interested Directors) has deliberated on the content of the SCR Offer Letter and has resolved to table the Proposed SCR to the Entitled Shareholders of MTD ACPI for their consideration and approval.

This announcement is dated 21 December 2020.




Please refer attachment below.



Announcement Info

Company Name MTD ACPI ENGINEERING BERHAD
Stock Name MTDACPI
Date Announced 21 Dec 2020
Category General Announcement for PLC
Reference Number GA1-21122020-00064