OTHERS NPC RESOURCES BERHAD (“NPC” OR THE “COMPANY”) PROPOSED SELECTIVE CAPITAL REDUCTION AND REPAYMENT EXERCISE OF NPC PURSUANT TO SECTION 116 OF THE COMPANIES ACT 2016 ("PROPOSED SCR")
| NPC RESOURCES BERHAD |
| Type | Announcement |
| Subject | OTHERS |
| Description | NPC RESOURCES BERHAD (“NPC” OR THE “COMPANY”)
PROPOSED SELECTIVE CAPITAL REDUCTION AND REPAYMENT EXERCISE OF NPC PURSUANT TO SECTION 116 OF THE COMPANIES ACT 2016 ("PROPOSED SCR") |
|
We refer to the Company’s announcements dated 7 February 2025 and 17 February 2025 in relation to the Proposed SCR. Unless otherwise stated, all terms used herein shall have the same meaning as defined in the said announcements. On behalf of the Board, AmInvestment Bank Berhad wishes to announce that the Non-Interested Board has deliberated on the content of the SCR Offer Letter after taking into consideration the advice of the Independent Adviser and has resolved to table the Proposed SCR based on the terms of the SCR Offer Letter to all the shareholders of NPC (other than the Joint Offerors and their PAC) for their consideration and approval. Further details of the Proposed SCR are set out in the attachment below.
|
|
Please refer attachment below.
Announcement Info
| Company Name | NPC RESOURCES BERHAD |
| Stock Name | NPC |
| Date Announced | 28 Feb 2025 |
| Category | General Announcement for PLC |
| Reference Number | GA1-28022025-00127 |