PRACTICE NOTE 16 / GUIDANCE NOTE 2 : OTHERS
SIG GASES BERHAD |
Type | Announcement |
Subject | PRACTICE NOTE 16 / GUIDANCE NOTE 2 OTHERS |
Description | SIG GASES BERHAD ("SIGGAS" OR "COMPANY") (I) VARIATION OF THE CAPITAL REDUCTION AND REPAYMENT ("VARIATION"); AND (II) VOLUNTARY WITHDRAWAL OF SIGGAS LISTING FROM THE OFFICIAL LIST OF MAIN MARKET OF BURSA MALAYSIA SECURITIES BERHAD ("BURSA SECURITIES") PURSUANT TO PARAGRAPH 16.06 OF THE MAIN MARKET LISTING REQUIREMENTS OF BURSA SECURITIES ("WITHDRAWAL") (COLLECTIVELY REFERRED TO AS THE "PROPOSALS") |
Reference is made to the Company’s announcements dated 9 July 2020 and subsequent announcements, as well as the circular to shareholders dated 4 September 2020 in relation to the Proposals (“Announcements”). Unless otherwise defined, the definitions used in this announcement shall have the same meanings as those defined in the Announcements.
On behalf of the Board, Kenanga IB wishes to announce that the High Court of Malaya had on 5 November 2020 granted an order confirming the reduction of the share capital of the Company pursuant to Section 116 of the Act (“Order”).
Following the above, the Company will proceed to extract the Order and an office copy of the Order will be lodged with the Registrar of Companies for the Capital Reduction to take effect.
The effective date of the Capital Reduction will be announced in due course.
This announcement is dated 5 November 2020. |
Announcement Info
Company Name | SIG GASES BERHAD |
Stock Name | SIGGAS |
Date Announced | 05 Nov 2020 |
Category | General Announcement for PLC |
Reference Number | GA1-05112020-00021 |