MPHBCAP

1.690

(%)

OTHERS MPHB CAPITAL BERHAD (“MPHB” OR “COMPANY”) SELECTIVE CAPITAL REDUCTION AND REPAYMENT EXERCISE OF MPHB PURSUANT TO SECTION 116 OF THE COMPANIES ACT 2016 (“SCR”)

MPHB CAPITAL BERHAD

Type Announcement
Subject OTHERS
Description
MPHB CAPITAL BERHAD (“MPHB” OR “COMPANY”)

SELECTIVE CAPITAL REDUCTION AND REPAYMENT EXERCISE OF MPHB PURSUANT TO SECTION 116 OF THE COMPANIES ACT 2016 (“SCR”)
(Unless otherwise stated, all abbreviations and definitions used herein shall have the same meaning as those used in the announcements dated 28 May 2024, 7 June 2024, 25 June 2024, 11 July 2024, 12 July 2024, 14 August 2024, 15 August 2024, 6 September 2024, 12 September 2024, 3 October 2024, 3 December 2024 and 18 December 2024 in relation to the SCR (“Announcements”))

Reference is made to the Announcements.

On behalf of the Board, Maybank IB wishes to announce that the High Court has on 6 January 2025 granted the High Court Order.

Following the above, MPHB will lodge an office copy of the sealed High Court Order with the Registrar of Companies pursuant to subsection 116(6) of the Act (“Lodgement”) in due course. The SCR will become effective upon the Lodgement (“Effective Date”).

The entitlement date in respect of the SCR will be announced in due course. Accordingly, the revised timetable for the SCR is as follows:

Revised Timing
Event 
January 2025
Announcement of the entitlement date in respect of the SCR
 
Announcement of the notice of suspension of trading of MPHB Shares
 
Entitlement date in respect of the SCR
 
Lodgement 
 
Announcement of the Effective Date 
 
Settlement of the SCR Offer Price
 
Completion of the SCR
 
 
February 2025
De-listing of the Company from the Official List of Bursa Malaysia Securities Berhad

This announcement is dated 6 January 2025.





Announcement Info

Company Name MPHB CAPITAL BERHAD
Stock Name MPHBCAP
Date Announced 06 Jan 2025
Category General Announcement for PLC
Reference Number GA1-06012025-00033