MULTIPLE PROPOSALS SINOTOP HOLDINGS BERHAD ("SINOTOP" OR THE "COMPANY") i. PROPOSED DISPOSAL; ii. PROPOSED CAPITAL REDUCTION; AND iii. PROPOSED DIVERSIFICATION (COLLECTIVELY REFERRED TO AS THE "PROPOSALS")
SINOTOP HOLDINGS BERHAD |
Type | Announcement |
Subject | MULTIPLE PROPOSALS |
Description | SINOTOP HOLDINGS BERHAD ("SINOTOP" OR THE "COMPANY") i. PROPOSED DISPOSAL; ii. PROPOSED CAPITAL REDUCTION; AND iii. PROPOSED DIVERSIFICATION (COLLECTIVELY REFERRED TO AS THE "PROPOSALS") |
Reference is made to the Company's announcements on 12 December 2018, 2 May 2019 and 8 May 2019 in relation to the Proposed Disposal, Proposed Capital Reduction and Proposed Share Consolidation (“Announcements”). For purposes of consistency, the definitions and terms used in the Announcements will be used in this announcement unless otherwise define herein.
On behalf of the Board, Inter-Pacific Securities Sdn Bhd ("IPS") and Astramina Advisory Sdn Bhd ("Astramina") wish to announce that the Board of Sinotop had on 18 June 2020 resolved to
On behalf of the Board, IPS and Astramina also wish to announce that the Company had on 18 June 2020 entered into a supplemental share sale agreement with GIL (“Supplemental Disposal SSA”) to vary and amend certain arrangement, terms and conditions of the Disposal SSA.
Please refer to the attachment for further details.
This announcement is dated 18 June 2020. |
Please refer attachment below.
Announcement Info
Company Name | SINOTOP HOLDINGS BERHAD |
Stock Name | SINOTOP |
Date Announced | 18 Jun 2020 |
Category | General Announcement for PLC |
Reference Number | GA1-18062020-00025 |