IRIS

0.300

(%)

MULTIPLE PROPOSALS IRIS CORPORATION BERHAD ("IRIS" OR THE "COMPANY") (I) CAPITAL REDUCTION; AND (II) SHARE CONSOLIDATION (COLLECTIVELY REFERRED TO AS THE "PROPOSALS")

IRIS CORPORATION BERHAD

Type Announcement
Subject MULTIPLE PROPOSALS
Description
IRIS CORPORATION BERHAD ("IRIS" OR THE "COMPANY")

(I)	CAPITAL REDUCTION; AND

(II)	SHARE CONSOLIDATION

(COLLECTIVELY REFERRED TO AS THE "PROPOSALS")

We refer to the Company's announcements dated 14 July 2023, 25 July 2023, 28 August 2023, 20 September 2023 and 14 November 2023 as well as the circular to shareholders dated 29 August 2023 ("Circular") in relation to the Proposals. Unless otherwise stated, the terms used herein shall have the same meaning as defined in the said announcements and the Circular.

 

On behalf of the Board, RHB Investment Bank wishes to announce that the High Court of Malaya had on 1 March 2024 granted an order confirming the reduction of the issued share capital of the Company in accordance with Section 116 of the Act ("High Court Order") to give effect to the Capital Reduction.

 

Following the above, the Company will lodge an office copy of the High Court Order with the Registrar of Companies pursuant to Section 116(6) of the Act ("Lodgement") in due course. The Capital Reduction will become effective upon the Lodgement ("Effective Date"). The Effective Date of the Capital Reduction will be announced in due course.

 

This announcement is dated 1 March 2024.






Announcement Info

Company Name IRIS CORPORATION BERHAD
Stock Name IRIS
Date Announced 01 Mar 2024
Category General Announcement for PLC
Reference Number GA1-01032024-00022