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OTHERS BREM HOLDING BERHAD ("BREM HOLDING" OR THE "COMPANY") SELECTIVE CAPITAL REDUCTION AND REPAYMENT EXERCISE OF BREM HOLDING PURSUANT TO SECTION 116 OF THE COMPANIES ACT, 2016 ("SCR")

BREM HOLDING BERHAD

Type Announcement
Subject OTHERS
Description
BREM HOLDING BERHAD ("BREM HOLDING" OR THE "COMPANY")

SELECTIVE CAPITAL REDUCTION AND REPAYMENT EXERCISE OF BREM HOLDING PURSUANT TO SECTION 116 OF THE COMPANIES ACT, 2016 ("SCR")

Reference is made to the Company’s announcements dated 26 November 2021, 2 December 2021, 24 December 2021, 28 December 2021, 27 January 2022, 28 January 2022, 28 February 2022, 14 March 2022, 12 May 2022, 13 June 2022 and 27 June 2022 in relation to the SCR ("Announcements"). Unless otherwise defined, the definitions used in this announcement shall have the same meaning as those defined in the Announcements.

 

On behalf of the Board, RHBIB wishes to announce that the settlement of the SCR Offer Price has been effected on 4 July 2022 in favour of:

 

(a) the Entitled Shareholders who maintain eDividend accounts, via electronic remittance to the Entitled Shareholders' eDividend accounts duly registered with Bursa Depository; and

 

(b) the Entitled Shareholders who do not maintain eDividend accounts, via remittance in the form of cheques, banker's drafts and/or cashier's orders despatched by ordinary mail to the Entitled Shareholders (or their designated agents, as they may direct) at the Entitled Shareholders' registered address last maintained with Bursa Depository.

 

As such, the SCR has been completed on 4 July 2022.

 

This announcement is dated 4 July 2022.






Announcement Info

Company Name BREM HOLDING BERHAD
Stock Name BREM
Date Announced 04 Jul 2022
Category General Announcement for PLC
Reference Number GA1-04072022-00043