LONBISC

0.020

(%)

OTHERS LONDON BISCUITS BERHAD (IN LIQUIDATION) ("THE COMPANY" OR "LBB")

LONDON BISCUITS BERHAD

Type Announcement
Subject OTHERS
Description
LONDON BISCUITS BERHAD (IN LIQUIDATION) ("THE COMPANY" OR "LBB")

We refer the Company’s previous announcement dated 6 November 2020 (“Announcement”). Unless otherwise defined in this announcement, the terms used herein shall have the same meaning as defined in the Announcement. 

 

At a hearing on 10 November 2020, the High Court of Malaya at Kuala Lumpur granted the following order:-

 

(1)     That Mr Lim San Peen (in his capacity as Liquidator of the Company) be allowed to hold the meetings of creditors and contributories of the Company, whether as the original meeting or adjourned meeting (“Meetings of Creditors and Contributories”), using any technology or method that enables the creditors and contributories of the Company to participate and to vote at the meeting, including but not limited to any remote communication technology such as a live video link or other electronic means of communication, and that the notice of meeting to the creditors and contributories should provide the complete information about the access to the meeting, and to confirm that all parties have the same opportunity to participate in the virtual meeting as they would in a physical meeting;

 

(2)     The costs of this application and the costs and expenses incurred for holding the Meetings of Creditors and Contributories shall be treated as the costs and expenses of winding up under section 527(1)(a) of the Companies Act 2016; and

 

(3)     That the Liquidator be at liberty to apply, including but not limited to liberty to seek any further directions.

 

This announcement is dated 20 November 2020. 

 






Announcement Info

Company Name LONDON BISCUITS BERHAD
Stock Name LONBISC
Date Announced 20 Nov 2020
Category General Announcement for PLC
Reference Number GA1-20112020-00121