HEXIND

0.350

+0.015 (+4.5%)

MULTIPLE PROPOSALS HEXTAR INDUSTRIES BERHAD ("HEXTAR INDUSTRIES" OR THE "COMPANY") (FORMERLY KNOWN AS SCH GROUP BERHAD) (I) RIGHTS ISSUE; AND (II) PROPOSED EXEMPTION

HEXTAR INDUSTRIES BERHAD

Type Announcement
Subject MULTIPLE PROPOSALS
Description
HEXTAR INDUSTRIES BERHAD ("HEXTAR INDUSTRIES" OR THE "COMPANY")
(FORMERLY KNOWN AS SCH GROUP BERHAD)

(I)	RIGHTS ISSUE; AND
(II)	PROPOSED EXEMPTION

Reference is made to the Company’s announcements dated 6 November 2020, 1 December 2020, 12 January 2021, 26 February 2021, 9 March 2021 and 12 July 2021 in relation to the Rights Issue and Proposed Exemption (“Earlier Announcements”) and the Circular to shareholders dated 4 February 2021 (“Circular”).  Unless otherwise stated, defined terms in this announcement shall carry the same meanings as defined in the Earlier Announcements and Circular.

 

On behalf of the Board of Hextar Industries, AmInvestment Bank wishes to announce that Securities Commission, had vide its letter dated 7 September 2021, approved the application for an extension of time of up to 11 January 2022 to complete the implementation of the Rights Issue to which the exemption under Paragraph 4.08(1)(b) of the Rules on Take-overs, Mergers and Compulsory Acquisition granted on 8 March 2021 relates.

 

 

This announcement is dated 8 September 2021.






Announcement Info

Company Name HEXTAR INDUSTRIES BERHAD
Stock Name HEXIND
Date Announced 08 Sep 2021
Category General Announcement for PLC
Reference Number GA1-07092021-00112