MERCURY

1.000

(%)

MULTIPLE PROPOSALS MERCURY INDUSTRIES BERHAD ("MIB" OR THE "COMPANY") (I) PROPOSED LAND ACQUISITION; (II) PROPOSED SHARES ISSUANCE; (III) PROPOSED DIVERSIFICATION; AND (IV) PROPOSED SHARE CAPITAL REDUCTION (COLLECTIVELY, REFERRED TO AS THE "PROPOSALS")

MERCURY INDUSTRIES BERHAD

Type Announcement
Subject MULTIPLE PROPOSALS
Description
MERCURY INDUSTRIES BERHAD ("MIB" OR THE "COMPANY")

(I)	PROPOSED LAND ACQUISITION; 

(II)	PROPOSED SHARES ISSUANCE; 

(III)	PROPOSED DIVERSIFICATION; AND 

(IV)	PROPOSED SHARE CAPITAL REDUCTION 

(COLLECTIVELY, REFERRED TO AS THE "PROPOSALS")

This announcement is dated 22 June 2022.

 

Reference is made to the Company’s earlier announcements dated 10 March 2022, 26 April 2022 and 17 May 2022 (“Earlier Announcements”) and the circular to shareholders in relation to the Proposals dated 31 May 2022 (“Circular”). Unless stated otherwise, abbreviations and definitions used throughout this announcement shall bear the same meaning as those defined in the Earlier Announcements and the Circular.

 

On behalf of the Board, Malacca Securities wishes to announce that all Conditions Precedent have been fulfilled on 22 June 2022 in accordance to the terms and conditions of the SPA. Accordingly, the SPA has become unconditional on even date. 






Announcement Info

Company Name MERCURY INDUSTRIES BERHAD
Stock Name MERCURY
Date Announced 22 Jun 2022
Category General Announcement for PLC
Reference Number GA1-22062022-00025