WINDING UP / RECEIVER & MANAGER / RESTRAINING ORDER / SPECIAL ADMINISTRATOR E.A. TECHNIQUE BERHAD (EAT OR THE COMPANY) PROPOSED SCHEME OF ARRANGEMENT AND RESTRAINING ORDER KUALA LUMPUR HIGH COURT ORIGINATING SUMMONS NO. WA-24NCC-97-02/2022
| E.A.TECHNIQUE (M) BERHAD |
| Type | Announcement |
| Subject | WINDING UP / RECEIVER & MANAGER / RESTRAINING ORDER / SPECIAL ADMINISTRATOR |
| Description | E.A. TECHNIQUE BERHAD (EAT OR THE COMPANY) PROPOSED SCHEME OF ARRANGEMENT AND RESTRAINING ORDER KUALA LUMPUR HIGH COURT ORIGINATING SUMMONS NO. WA-24NCC-97-02/2022 |
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Reference is made to the Company’s announcements dated 28 February 2022, 10 May 2022, 24 May 2022 and 24 November 2022.
The Board of Directors of the Company wishes to announce that the Company has today held the Court-convened creditors’ meeting pursuant to section 366 of the Companies Act 2016 (“Act”).
The proposed scheme of arrangement presented in the Court-convened creditors’ meeting has been approved by the requisite majority in value of the creditors present and voting at the Court convened meeting, obtaining a 90.95% in value approval.
The Company will next be filing the necessary application to seek for the Court’s sanction of the proposed scheme of arrangement.
Further developments on the above matter will be announced to Bursa Malaysia Securities Berhad in due course.
This announcement is dated 5 December 2022. |
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Announcement Info
| Company Name | E.A.TECHNIQUE (M) BERHAD |
| Stock Name | EATECH |
| Date Announced | 05 Dec 2022 |
| Category | General Announcement for PLC |
| Reference Number | GA1-05122022-00038 |