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OTHERS MMC CORPORATION BERHAD ("MMC" OR THE "COMPANY") SELECTIVE CAPITAL REDUCTION AND REPAYMENT EXERCISE OF MMC PURSUANT TO SECTION 116 OF THE COMPANIES ACT 2016 ("SCR")

MMC CORPORATION BERHAD

Type Announcement
Subject OTHERS
Description
MMC CORPORATION BERHAD ("MMC" OR THE "COMPANY")

SELECTIVE CAPITAL REDUCTION AND REPAYMENT EXERCISE OF MMC PURSUANT TO SECTION 116 OF THE COMPANIES ACT 2016 ("SCR")

Unless otherwise defined, the definitions used in this announcement shall have the same meaning as those defined in the announcements made on 3 June 2021, 22 June 2021, 14 July 2021, 4 August 2021, 6 August 2021, 7 September 2021, 8 September 2021 (in respect of the circular to the shareholders dated 8 September 2021), 30 September 2021, 1 October 2021, 1 November 2021, 15 November 2021, 16 November 2021 (in respect of the notice to the shareholders in relation to the suspension of trading of MMC Shares and the Entitlement Date dated 16 November 2021) and 29 November 2021 in relation to the SCR (“Announcements”).

 

We refer to the Announcements in relation to the SCR.

 

On behalf of the Company, RHB Investment Bank wishes to announce that the settlement of the SCR Offer Price has been effected on 3 December 2021 in favour of:

 

(i)          the Entitled Shareholders who maintain eDividend Accounts, via electronic remittance to the Entitled Shareholders’ eDividend Accounts duly registered with Bursa Depository; and

 

(ii)          the Entitled Shareholders who do not maintain eDividend Accounts, via remittance in the form of cheques, banker’s drafts or cashier’s orders despatched by ordinary mail to the Entitled Shareholders (or their designated agents, as they may direct) at the Entitled Shareholders’ registered addresses last maintained with Bursa Depository.

 

As such, the SCR has been completed on 3 December 2021.

 

This announcement is dated 3 December 2021.






Announcement Info

Company Name MMC CORPORATION BERHAD
Stock Name MMCCORP
Date Announced 03 Dec 2021
Category General Announcement for PLC
Reference Number GA1-03122021-00001