SYCAL

0.210

-0.005 (-2.3%)

MULTIPLE PROPOSALS MULTIPLE PROPOSALS SYCAL VENTURES BERHAD ("SVB" OR THE "COMPANY") (I) PROPOSED RIGHTS ISSUE OF IRREDEEMABLE CONVERTIBLE PREFERENCE SHARES ("RIGHTS ISSUE OF ICPS"); AND (II) PROPOSED ADOPTION OF NEW CONSTITUTION (COLLECTIVELY REFERRED TO AS THE "PROPOSALS")

SYCAL VENTURES BERHAD

Type Announcement
Subject MULTIPLE PROPOSALS
Description
MULTIPLE PROPOSALS SYCAL VENTURES BERHAD ("SVB" OR THE "COMPANY") (I) PROPOSED RIGHTS ISSUE OF IRREDEEMABLE CONVERTIBLE PREFERENCE SHARES ("RIGHTS ISSUE OF ICPS"); AND (II) PROPOSED ADOPTION OF NEW CONSTITUTION (COLLECTIVELY REFERRED TO AS THE "PROPOSALS")

We refer to the announcements made on 6 December 2019, 31 January 2020, 9 March 2020, 17 March 2020, 1 April 2020, 27 May 2020, 9 June 2020, 30 June 2020, 6 August 2020, 19 August 2020, 7 September 2020, 25 November 2020 and 27 November 2020 in relation to the Proposals (“Announcements”). For the consistency purposes, the abbreviations used in this announcement are the same as those previously defined in the Announcements unless otherwise define herein.

 

On behalf of SVB, SJ Securities Sdn Bhd wishes to announce that Bursa Malaysia Securities Berhad had, vide its letter dated 11 December 2020, resolved to grant the Company an extension of time until 14 May 2021 to comply with Paragraph 6.62 (1) of the Main Market Listing Requirements to implement the Rights Issue of ICPS.

 

This announcement is dated 14 December 2020.






Announcement Info

Company Name SYCAL VENTURES BERHAD
Stock Name SYCAL
Date Announced 14 Dec 2020
Category General Announcement for PLC
Reference Number GA1-01122020-00070