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PRACTICE NOTE 17 / GUIDANCE NOTE 3 : REGULARISATION PLAN

G NEPTUNE BERHAD

Type Announcement
Subject PRACTICE NOTE 17 / GUIDANCE NOTE 3
REGULARISATION PLAN
Description
G NEPTUNE BERHAD ("GNB" OR THE "COMPANY") 

(I)	PROPOSED SHARE CONSOLIDATION;
(II)	PROPOSED ACQUISITION;
(III)	PROPOSED DEBT SETTLEMENT;
(IV)	PROPOSED PRIVATE PLACEMENT; AND
(V)	PROPOSED EXEMPTION.

(COLLECTIVELY REFERRED TO AS "PROPOSED REGULARISATION PLAN")

We refer to GNB’s announcements dated 9 July 2021, 8 September 2021, 26 January 2022 and 18 May 2022 in relation to the Proposed Regularisation Plan (“Announcements”). Unless otherwise defined, the definitions set out in the Announcements shall apply herein.

 

On behalf of the Board of Directors of GNB, Kenanga IB is pleased to announce that the application in relation to the revised Proposed Regularisation Plan incorporating the Proposed Share Consolidation has been submitted to Bursa Securities on 23 May 2022.

 

 

This announcement is dated 23 May 2022.






Announcement Info

Company Name G NEPTUNE BERHAD
Stock Name GNB
Date Announced 23 May 2022
Category General Announcement for PLC
Reference Number GA1-22052022-00004