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 announcements dated 7 December 2020 and subsequent announcements, as well as the circular to shareholders dated 25 January 2021 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 Company had on 26 February 2021 filed the petition to the High Court at Kuala Lumpur to obtain an order by the High Court confirming the reduction of share capital of the Company pursuant to Section 116 of the Act to give effect to the Proposed SCR.

This announcement is dated 26 February 2021.






Announcement Info

Company Name MTD ACPI ENGINEERING BERHAD
Stock Name MTDACPI
Date Announced 26 Feb 2021
Category General Announcement for PLC
Reference Number GA1-26022021-00157