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MULTIPLE PROPOSALS SYF RESOURCES BERHAD ("SYF" OR "COMPANY") (I) PROPOSED DISPOSALS; (II) PROPOSED SPECIAL DIVIDEND CUM CAPITAL REPAYMENT; (III) PROPOSED ACQUISITION; (IV) PROPOSED RIGHTS ISSUE; (V) PROPOSED RESTRICTED ISSUE; (VI) PROPOSED EXEMPTION; AND (VII) PROPOSED CHANGE OF NAME (COLLECTIVELY, THE "PROPOSALS")

SYF RESOURCES BERHAD

Type Announcement
Subject MULTIPLE PROPOSALS
Description
SYF RESOURCES BERHAD ("SYF" OR "COMPANY")

(I)     PROPOSED DISPOSALS;
(II)    PROPOSED SPECIAL DIVIDEND CUM CAPITAL REPAYMENT;
(III)   PROPOSED ACQUISITION;
(IV)  PROPOSED RIGHTS ISSUE;
(V)   PROPOSED RESTRICTED ISSUE;
(VI)  PROPOSED EXEMPTION; AND
(VII) PROPOSED CHANGE OF NAME

(COLLECTIVELY, THE "PROPOSALS")

(Unless stated otherwise, definitions used in this announcement shall carry the same meaning as defined in the Company’s announcement in relation to the Proposals dated 6 October 2021, 26 November 2021, 2 December 2021, 28 January 2022, 5 and 15 April 2022 (“Announcements”)).

 

We refer to the Company’s Announcements in relation to the Proposals.

 

On behalf of the Board, Malacca Securities wishes to announce that Ministry of International Trade and Industry (“MITI”) had, vide its letter dated 20 April 2022, approved the application for the transfer of shares in Seng Yip Furniture Sdn Bhd to Mieco in relation to the Proposed Disposal of Furniture Business.

 

This announcement is dated 20 April 2022.






Announcement Info

Company Name SYF RESOURCES BERHAD
Stock Name SYF
Date Announced 20 Apr 2022
Category General Announcement for PLC
Reference Number GA1-20042022-00016