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Date : 31 March 2021

OTHERS KWANTAS CORPORATION BERHAD ("KWANTAS" OR "COMPANY") SELECTIVE CAPITAL REDUCTION AND REPAYMENT EXERCISE OF KWANTAS PURSUANT TO SECTION 116 OF THE COMPANIES ACT, 2016 ("SCR")

KWANTAS CORPORATION BERHAD

Type Announcement
Subject OTHERS
Description
KWANTAS CORPORATION BERHAD ("KWANTAS" OR "COMPANY")

SELECTIVE CAPITAL REDUCTION AND REPAYMENT EXERCISE OF KWANTAS PURSUANT TO SECTION 116 OF THE COMPANIES ACT, 2016 ("SCR")
(Unless otherwise stated, all abbreviations used in this announcement shall have the same meaning as defined in the Company’s announcement dated 25 September 2020 and the Company’s circular to shareholders in relation to the SCR dated 30 October 2020)

We refer to the announcements dated 26 August 2020, 28 August 2020, 2 September 2020, 25 September 2020, 29 September 2020, 28 October 2020, 30 October 2020, 30 November 2020, 31 December 2020, 27 January 2021, 26 February 2021, 3 March 2021, 17 March 2021 and 18 March 2021 in relation to the SCR.

On behalf of the Board, Maybank IB wishes to announce that an office copy of the High Court Order dated 3 March 2021 has been lodged with the Registrar of Companies on 31 March 2021. Accordingly, the resolution for the SCR as confirmed by the High Court Order has taken effect on 31 March 2021 pursuant to Section 116(6) of the Act.

The settlement of the SCR Offer Price to the Entitled Shareholders will be effected on 9 April 2021.

This announcement is dated 31 March 2021.





Announcement Info

Company Name KWANTAS CORPORATION BERHAD
Stock Name KWANTAS
Date Announced 31 Mar 2021
Category General Announcement for PLC
Reference Number GA1-30032021-00024


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