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PRACTICE NOTE 17 / GUIDANCE NOTE 3 : REGULARISATION PLAN

DAYA MATERIALS BERHAD

Type Announcement
Subject PRACTICE NOTE 17 / GUIDANCE NOTE 3
REGULARISATION PLAN
Description
DAYA MATERIALS BERHAD ("DMB" OR THE "COMPANY")

(I)	 PROPOSED SHARE EXCHANGE;
(II)	 PROPOSED TRANSFER OF LISTING STATUS;
(III)	 PROPOSED REORGANISATION;
(IV)	 PROPOSED DCMT ACQUISITION;
(V)	 PROPOSED DMAX ACQUISITION;
(VI)	 PROPOSED DEBT SETTLEMENT;
(VII)	 PROPOSED FEE SETTLEMENT;
(VIII) PROPOSED PRIVATE PLACEMENT; AND
(IX)	 PROPOSED LTIP

(COLLECTIVELY, THE "PROPOSED REGULARISATION PLAN")

Reference is made to the Company’s announcements dated 31 December 2020, 25 February 2021 and 17 March 2021 in relation to the Proposed Regularisation Plan (“Announcements”). Unless otherwise defined, capitalised terms used in this announcement shall have the same meanings as defined in the aforesaid Announcements.

On behalf of the Board, HLIB wishes to announce that the High Court of Malaya has granted DMB leave to convene a meeting with the DMB Scheme Creditors for the purpose of considering and approving the proposed DMB SOA.

This announcement is dated 19 March 2021.






Announcement Info

Company Name DAYA MATERIALS BERHAD
Stock Name DAYA
Date Announced 19 Mar 2021
Category General Announcement for PLC
Reference Number GA1-19032021-00050