MULTIPLE PROPOSALS HAI-O ENTERPRISE BERHAD ("HAI-O ENTERPRISE" OR THE "COMPANY") (I) PROPOSED INTERNAL REORGANISATION; (II) PROPOSED TERMINATION OF EXISTING ESOS; AND (III) PROPOSED NEW ESOS (COLLECTIVELY REFERRED TO AS THE "PROPOSALS")
| HAI-O ENTERPRISE BERHAD |
| Type | Announcement |
| Subject | MULTIPLE PROPOSALS |
| Description | HAI-O ENTERPRISE BERHAD ("HAI-O ENTERPRISE" OR THE "COMPANY")
(I) PROPOSED INTERNAL REORGANISATION;
(II) PROPOSED TERMINATION OF EXISTING ESOS; AND
(III) PROPOSED NEW ESOS
(COLLECTIVELY REFERRED TO AS THE "PROPOSALS") |
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The terms used herein shall have the same meaning as those defined in the announcement made on 19 January 2021 unless otherwise stated.
We refer to the previous announcements dated 19 January 2021, 4 February 2021, 8 March 2021, 9 March 2021, 5 April 2021, 9 April 2021, 27 April 2021, 19 May 2021, 31 May 2021, 24 June 2021 and 16 July 2021 in relation to the Proposed Internal Reorganisation.
On behalf of the Board, UOBKH wishes to announce that the High Court, at today’s hearing, has sanctioned the Scheme of Arrangement with conditions pursuant to Section 366 of the Act in relation to the Proposed Internal Reorganisation (“Court Order”).
An announcement on the entitlement date for the shareholders of Hai-O Enterprise in respect of the Proposed Internal Reorganisation will be made in due course.
This announcement is dated 23 July 2021. |
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Announcement Info
| Company Name | HAI-O ENTERPRISE BERHAD |
| Stock Name | HAIO |
| Date Announced | 23 Jul 2021 |
| Category | General Announcement for PLC |
| Reference Number | GA1-23072021-00089 |