LAGENDA

1.530

+0.03 (+2%)

MULTIPLE PROPOSALS LAGENDA PROPERTIES BERHAD (FORMERLY KNOWN AS D.B.E. GURNEY RESOURCES BERHAD) (LPB OR THE COMPANY) - PROPOSED ACQUISITIONS; - PROPOSED EXEMPTION; - PROPOSED AMENDMENTS; - PROPOSED SHARE CONSOLIDATION; AND - PROPOSED PRIVATE PLACEMENT (COLLECTIVELY REFERRED TO AS THE PROPOSALS)

LAGENDA PROPERTIES BERHAD

Type Announcement
Subject MULTIPLE PROPOSALS
Description
LAGENDA PROPERTIES BERHAD (FORMERLY KNOWN AS D.B.E. GURNEY RESOURCES BERHAD) (LPB OR THE COMPANY)

-	PROPOSED ACQUISITIONS;
-	PROPOSED EXEMPTION;
-	PROPOSED AMENDMENTS;
-	PROPOSED SHARE CONSOLIDATION; AND
-	PROPOSED PRIVATE PLACEMENT

(COLLECTIVELY REFERRED TO AS THE PROPOSALS)

Reference is made to the announcements dated 26 February 2020, 4 May 2020, 1 June 2020, 19 June 2020, 14 July 2020, 17 July 2020, 21 July 2020, 22 July 2020 and 23 July 2020 in relation to the Proposals (“Announcements”) as well as the Circular dated 22 June 2020 (“Circular”). Unless otherwise defined, the definitions set out in the Announcements and Circular shall apply herein.

 

On behalf of the Board, AmInvestment Bank wishes to announce that LPB’s existing total number of issued Shares of 2,837,229,306 will be consolidated into 113,489,168 Consolidated Shares after 5.00 p.m. today, pursuant to the Share Consolidation. Consequently, pursuant to the provisions of the deed poll dated 20 January 2017 constituting the warrants 2017/2022 ("Warrants B"), the total number of outstanding Warrants B of 580,644,468 will be adjusted into 23,225,777 Consolidated Warrants B accordingly.

 

The 113,489,168 Consolidated Shares and 23,225,777 Consolidated Warrants B will be listed and quoted on the Main Market of Bursa Securities with effect from 9.00 a.m. on Monday, 7 August 2020.

 

This announcement is dated 6 August 2020.






Announcement Info

Company Name LAGENDA PROPERTIES BERHAD
Stock Name LAGENDA
Date Announced 06 Aug 2020
Category General Announcement for PLC
Reference Number GA1-06082020-00055