MPHBCAP - Notice of Book Closure

Selective capital reduction and repayment exercise of MPHB Capital Berhad (“MPHB”) pursuant to section 116 of the Companies Act 2016 ("Act") ("SCR")

Kindly be advised of the following :

1) The above Company's securities will be traded and quoted "Ex - Repayment” as from: 22 Jan 2025
2) The last date of lodgment : 23 Jan 2025
3) Date Payable : 28 Jan 2025

Remarks :

Under the SCR, all shareholders of MPHB (other than Casi Management Sdn Bhd and MWE Holdings Sdn Bhd) whose names appear in the Record of Depositors of MPHB as at 5.00 p.m. on the Entitlement Date (as set out above) ("Entitled Shareholders") shall be entitled to receive a cash consideration of RM1.70 for each existing ordinary share in MPHB ("MPHB Share") held on the Entitlement Date ("SCR Offer Price").

The settlement of the SCR Offer Price will be effected via electronic remittance to the Entitled Shareholders’ bank accounts registered with Bursa Malaysia Depository Sdn Bhd (“Bursa Depository”) for purposes of receiving electronic cash dividend (“eDividend Accounts”) within 10 days from the date on which the office copy of the sealed order granted by High Court in Malaya dated 6 January 2025 confirming the reduction of the issued share capital of MPHB for the SCR pursuant to section 116 of the Act (“High Court Order”) is lodged with the Registrar of Companies pursuant to subsection 116(6) of the Act (“Effective Date”). 

For the Entitled Shareholders who do not maintain eDividend Accounts, the settlement of the SCR Offer Price will be effected via remittance in the form of cheques, banker’s drafts and/or cashier’s orders which will be despatched by ordinary mail to the Entitled Shareholders (or their designated agents, as they may direct) at the Entitled Shareholders’ registered addresses last maintained with Bursa Depository at their own risk within 10 days from the Effective Date. 

An office copy of the High Court Order will be lodged with the Registrar of Companies pursuant to subsection 116(6) of the Act on the Entitlement Date and consequently, the settlement of the SCR Offer Price will be effected on Tuesday, 28 January 2025.

The trading of MPHB Shares on the Main Market of Bursa Malaysia Securities Berhad (“Bursa Securities”) will be suspended with effect from 9.00 a.m. on Wednesday, 22 January 2025, being 1 market day prior to the Entitlement Date. Accordingly, the last date and time for trading of MPHB Shares on the Main Market of Bursa Securities prior to the suspension will be at 5:00 p.m. on Tuesday, 21 January 2025.

MHPB Shares will no longer be traded on the Main Market of Bursa Securities following its suspension on Wednesday, 22 January 2025. For avoidance of doubt, the trading of MPHB Shares will continue to be suspended until the de-listing of MPHB from the Official List of Bursa Securities following the completion of the SCR.

The notification in relation to the suspension of trading of MPHB Shares on the Main Market of Bursa Securities and the Entitlement Date for the SCR will be despatched to the shareholders of MPHB on Friday, 10 January 2025.

Any enquiries concerning this notice of book closure date should be addressed to the share registrar of MPHB at the abovementioned contact details.