DPS

0.500

+0.01 (+2%)

MULTIPLE PROPOSALS DPS RESOURCES BERHAD ("DPS" OR "COMPANY") (I) PROPOSED SHARE CONSOLIDATION; (II) PROPOSED RIGHTS ISSUE; (III) PROPOSED ESOS; (IV) PROPOSED EXEMPTION I; AND (V) PROPOSED EXEMPTION II. (COLLECTIVELY REFERRED TO AS "PROPOSALS").

DPS RESOURCES BERHAD

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

(I)	PROPOSED SHARE CONSOLIDATION;
(II)	PROPOSED RIGHTS ISSUE;
(III)	PROPOSED ESOS;
(IV)	PROPOSED EXEMPTION I; AND
(V)	PROPOSED EXEMPTION II.

(COLLECTIVELY REFERRED TO AS "PROPOSALS").

We refer to the announcements dated 28 October 2022, 27 December 2022, 11 January 2023, 2 February 2023, 24 February 2023 and 16 March 2023 in relation to the Proposals (“Announcements”). Unless otherwise defined, the definitions set out in the Announcements shall apply herein.

On behalf of the Board, TA Securities wishes to announce that Bursa Securities had, vide its letter dated 5 May 2023, resolved to grant the Company a further extension of time until 16 June 2023 to comply with Paragraph 9.33(1)(b) of the Listing Requirements for the issuance of the circular to its shareholders in relation to the Proposals (“Circular”). This approval for the extension of time is subject to the condition that TA Securities submits the revised draft Circular to Bursa Securities for clearance prior to printing.

This announcement is dated 5 May 2023.






Announcement Info

Company Name DPS RESOURCES BERHAD
Stock Name DPS
Date Announced 05 May 2023
Category General Announcement for PLC
Reference Number GA1-05052023-00016