PRACTICE NOTE 17 / GUIDANCE NOTE 3 : REGULARISATION PLAN
| HAISAN RESOURCES BERHAD |
| Type | Announcement |
| Subject | PRACTICE NOTE 17 / GUIDANCE NOTE 3 REGULARISATION PLAN |
| Description | HAISAN RESOURCES BERHAD ("HAISAN" OR "COMPANY")
(I) PROPOSED CAPITAL REDUCTION;
(II) PROPOSED M&A AMENDMENTS;
(III) PROPOSED PRIVATE PLACEMENT; AND
(IV) PROPOSED RIGHTS ISSUE
(COLLECTIVELY REFERRED TO AS THE PROPOSED REGULARISATION PLAN) |
|
(The abbreviations and words used in the ensuing sections of this Announcement shall have the same meanings as defined in the announcements dated 6 March 2013 and 8 April 2016 unless the context otherwise requires or defined herewith.) Reference is made to the Company’s announcement dated 8 April 2016. On behalf of the Board of Directors of Haisan, Public Investment Bank Berhad wishes to announce that Bursa Securities has, vide its letter dated 27 April 2016, granted the Company an extension of time up to 24 August 2016 for Haisan to implement its Regularisation Plan. In the event the Company fails to implement its regularisation plan within the time frame or extended time frame stipulated by Bursa Securities, the listed securities of Haisan shall be removed from the Official List of Bursa Securities upon expiry of two (2) market days from the date of notification or such other date specified by Bursa Securities to the Company. This announcement is dated 27 April 2016. |
|
Announcement Info
| Company Name | HAISAN RESOURCES BERHAD |
| Stock Name | HAISAN |
| Date Announced | 27 Apr 2016 |
| Category | General Announcement for PLC |
| Reference Number | GA1-27042016-00084 |