RPLANET

0.150

(%)

OTHERS REDPLANET BERHAD ("REDPLANET" OR THE "COMPANY") I. PROPOSED TRANSFER; II. BONUS ISSUE; AND III. PROPOSED ADOPTION (COLLECTIVELY REFERRED TO AS THE "PROPOSALS")

REDPLANET BERHAD

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

I.	PROPOSED TRANSFER;

II.	BONUS ISSUE; AND

III.	PROPOSED ADOPTION

(COLLECTIVELY REFERRED TO AS THE "PROPOSALS")

Unless stated otherwise, the terms used herein shall carry the same meaning as those defined in the earlier announcements in relation to the Proposals.

 

We refer to the earlier announcements dated 28 August 2025, 29 August 2025, 1 October 2025, 3 February 2026, 1 April 2026 and 2 April 2026, and the Circular dated 17 October 2025.

 

On behalf of the Board, UOBKH wishes to announce that the Ministry of Investment, Trade and Industry ("MITI") had, vide its letter dated 11 May 2026:

 

i.     agreed with the scheme for the Proposed Transfer which will result in the enlarged share capital of 410,650,542 Shares; and

 

ii.    the Company is exempted from complying with the Bumiputera Equity Requirement for Public Listed Companies due to its Malaysia Digital Status and will voluntarily allocate 18,220,200 Shares, representing 4.4% of the Company's enlarged issued share capital to Bumiputera investors approved by the MITI.

 

 

This announcement is dated 12 May 2026.



Announcement Info

Company Name REDPLANET BERHAD
Stock Name RPLANET
Date Announced 12 May 2026
Category General Announcement for PLC
Reference Number GA1-12052026-00070


View original announcement