SCOPE

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GENERAL MEETINGS: NOTICE OF MEETING

SCOPE INDUSTRIES BERHAD

Type	Announcement
Subject	GENERAL MEETINGS NOTICE OF MEETING
Description	SCOPE INDUSTRIES BERHAD (“SCOPE” or “COMPANY”) (I) PROPOSED ACQUISITION OF 70% EQUITY INTEREST IN PIONEER GLOW SDN BHD (“PIONEER”) FOR A TOTAL PURCHASE CONSIDERATION OF RM28,700,000 (“PROPOSED ACQUISITION”); (II) PROPOSED ISSUE OF UP TO 58,996,363 FREE WARRANTS IN SCOPE (“FREE WARRANTS”) ON THE BASIS OF TWO (2) FREE WARRANTS FOR EVERY TEN (10) ORDINARY SHARES OF RM0.10 EACH HELD IN SCOPE (“PROPOSED FREE WARRANTS”); (III) PROPOSED INCREASE IN AUTHORISED SHARE CAPITAL FROM RM50,000,000 COMPRISING 500,000,000 SCOPE SHARES TO RM100,000,000 COMPRISING 1,000,000,000 SCOPE SHARES ("PROPOSED INCREASE IN AUTHORISED SHARE CAPITAL"); AND (IV) PROPOSED DIVERSIFICATION OF THE EXISTING CORE BUSINESS OF SCOPE AND ITS SUBSIDIARIES TO INCLUDE OIL PALM PLANTATION BUSINESS (HEREINAFTER COLLLECTIVELY REFERRED TO AS THE “PROPOSALS”)
On behalf of the Board of Directors of Scope, AmInvestment Bank Berhad (“AmInvestment Bank”) wishes to inform that an Extraordinary General Meeting (“EGM”) of Scope will be held at Bamboo Room, Scope Manufacturers (M) Sdn Bhd, Lot 6181, Jalan Perusahaan 2, Kawasan Perindustrian Parit Buntar, 34200 Parit Buntar, Perak on Thursday, 28 June 2012 at 11.30 a.m. for the purpose of considering and if thought fit, to pass the ordinary resolutions as set out in the Notice of EGM as attached herewith. On behalf of the Board of Directors of Scope, AmInvestment Bank wishes to inform that members whose names appear in the Record of Depositors of the Company as at 22 June 2012 shall be entitled to attend, speak and vote at the EGM. This announcement is dated 12 June 2012.

Attachments

Scope - EGM.pdf
202 KB

Announcement Info

Company Name	SCOPE INDUSTRIES BERHAD (ACE Market)
Stock Name	SCOPE
Date Announced	12 Jun 2012
Category	General Announcement
Reference No	MB-120612-67468

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