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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 announcements dated 7 December 2020, 10 December 2020 and 21 December 2020 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, KAF IB wishes to announce that the application in relation to the Proposed SCR has been submitted to the Securities Commission Malaysia pursuant to Paragraph 2(a) of Schedule 3 of the Rules on Take-overs, Mergers and Compulsory Acquisitions.
 

This announcement is dated 28 December 2020.






Announcement Info

Company Name MTD ACPI ENGINEERING BERHAD
Stock Name MTDACPI
Date Announced 28 Dec 2020
Category General Announcement for PLC
Reference Number GA1-28122020-00091