MBRIGHT

0.150

-0.005 (-3.2%)

MULTIPLE PROPOSALS META BRIGHT GROUP BERHAD ("MBGB" OR "COMPANY") (I) PROPOSED ACQUISITION; (II) PROPOSED CAPITAL REDUCTION; AND (III) PROPOSED DIVERSIFICATION (COLLECTIVELY, REFERRED TO AS THE "PROPOSALS")

META BRIGHT GROUP BERHAD

Type Announcement
Subject MULTIPLE PROPOSALS
Description
META BRIGHT GROUP BERHAD ("MBGB" OR "COMPANY")

(I)	PROPOSED ACQUISITION; 
(II)	PROPOSED CAPITAL REDUCTION; AND
(III)	PROPOSED DIVERSIFICATION

(COLLECTIVELY, REFERRED TO AS THE "PROPOSALS")

This announcement is dated 8 August 2022.

 

Reference is made to the Company’s earlier announcements dated 18 March 2022, 25 April 2022, 14 June 2022, 13 July 2022, 15 July 2022, 28 July 2022 and 8 August 2022 (“Earlier Announcements”) and the circular and the addendum to the circular to shareholders in relation to the Proposals dated 23 June 2022 and 1 July 2022, respectively (“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 the Proposed Acquisition had been completed on 8 August 2022 following the issuance and allotment of 381,538,461 Consideration Shares to the Security Stakeholder and LV in accordance to the CSPA on even date.


The 381,538,461 Consideration Shares will be listed on the Main Market of Bursa Securities on 9 August 2022.






Announcement Info

Company Name META BRIGHT GROUP BERHAD
Stock Name MBRIGHT
Date Announced 08 Aug 2022
Category General Announcement for PLC
Reference Number GA1-08082022-00022