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OTHERS SUIWAH CORPORATION BHD ("SCB" OR THE "COMPANY") PROPOSED SELECTIVE CAPITAL REDUCTION AND REPAYMENT EXERCISE OF SCB PURSUANT TO SECTION 116 OF THE COMPANIES ACT 2016 ("PROPOSED SCR")

SUIWAH CORPORATION BERHAD

Type Announcement
Subject OTHERS
Description
SUIWAH CORPORATION BHD ("SCB" OR THE "COMPANY")

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

Unless otherwise stated, the terms used herein have the same meaning as those defined in the announcements made on 25 January 2019, 11 February 2019, 1 March 2019, 11 March 2019, 5 April 2019, 30 April 2019 and the circular to shareholders dated 8 April 2019 in relation to the Proposed SCR.

 

On behalf of the Board, UOBKH wishes to announce that the Company had on 3 May 2019 filed the petition to the High Court of Malaya at Penang (“High Court”) 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 3 May 2019.






Announcement Info

Company Name SUIWAH CORPORATION BERHAD
Stock Name SUIWAH
Date Announced 03 May 2019
Category General Announcement for PLC
Reference Number GA1-03052019-00069