OCR

0.060

(%)

MULTIPLE PROPOSALS OCR GROUP BERHAD (''OCR'' OR THE ''COMPANY'') (I) PROPOSED ACQUISITION OF STACK BUILDER; (II) PROPOSED SETTLEMENT OF STACK BUILDER ADVANCES; (III) PROPOSED ACQUISITION OF WONDERLAND; (IV) PROPOSED SETTLEMENT OF WONDERLAND ADVANCES; AND (V) PROPOSED PRIVATE PLACEMENT (COLLECTIVELY REFERRED TO AS THE ''PROPOSALS'')

OCR GROUP BERHAD

Type Announcement
Subject MULTIPLE PROPOSALS
Description
OCR GROUP BERHAD (''OCR'' OR THE ''COMPANY'')

(I)	PROPOSED ACQUISITION OF STACK BUILDER;
(II)	PROPOSED SETTLEMENT OF STACK BUILDER ADVANCES;
(III)	PROPOSED ACQUISITION OF WONDERLAND; 
(IV)	PROPOSED SETTLEMENT OF WONDERLAND ADVANCES; AND
(V)	PROPOSED PRIVATE PLACEMENT

(COLLECTIVELY REFERRED TO AS THE ''PROPOSALS'')

(For consistency purposes, the abbreviations and definitions used throughout this announcement shall have the same meanings as those previously defined in the announcement dated 2 August 2021 in relation to the Proposals.)

 

Reference is made to the earlier announcements in relation to the Proposals dated 2 August 2021 and 28 September 2021.

 

On behalf of the Board, Mercury Securities is pleased to announce that Bursa Securities had, vide its letter dated 4 October 2021, approved the Company’s application for an extension of time until 2 December 2021 for the Company to submit the draft circular in relation to the Proposals to Bursa Securities.

 

This announcement is dated 4 October 2021.






Announcement Info

Company Name OCR GROUP BERHAD
Stock Name OCR
Date Announced 04 Oct 2021
Category General Announcement for PLC
Reference Number GA1-04102021-00118