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BURSA ANNOUNCEMENTS

Date : 17 December 2018

RCE CAPITAL BERHAD ("RCE" OR "COMPANY") (I) PROPOSED DISPOSAL BY RCE OF ITS ENTIRE 70% EQUITY INTEREST IN POS AD SDN BHD ("POS AD") COMPRISING 10,269,000 ORDINARY SHARES OF RM1.00 EACH IN POS AD TO REKAWEB.COM SDN BHD FOR A TOTAL CASH CONSIDERATION OF RM11,000,000; (II) PROPOSED SHARE SPLIT OF EACH ORDINARY SHARE OF RM1.00 IN RCE INTO TEN (10) ORDINARY SHARES OF RM0.10 EACH; AND (III) PROPOSED AMENDMENT TO THE MEMORANDUM OF ASSOCIATION OF RCE (COLLECTIVELY, THE "PROPOSALS")

RCE CAPITAL BERHAD

Type

Announcement
SubjectRCE CAPITAL BERHAD ("RCE" OR "COMPANY")

(I) PROPOSED DISPOSAL BY RCE OF ITS ENTIRE 70% EQUITY INTEREST IN POS AD SDN BHD ("POS AD") COMPRISING 10,269,000 ORDINARY SHARES OF RM1.00 EACH IN POS AD TO REKAWEB.COM SDN BHD FOR A TOTAL CASH CONSIDERATION OF RM11,000,000;

(II) PROPOSED SHARE SPLIT OF EACH ORDINARY SHARE OF RM1.00 IN RCE INTO TEN (10) ORDINARY SHARES OF RM0.10 EACH; AND

(III) PROPOSED AMENDMENT TO THE MEMORANDUM OF ASSOCIATION OF RCE

(COLLECTIVELY, THE "PROPOSALS")

Contents :

We refer to our announcement dated 21 April 2004.


On behalf of RCE, Commerce International Merchant Bankers Berhad is pleased to announce that the shareholders of RCE have approved the Proposals at the Extraordinary General Meeting of RCE held on 7 May 2004.

This announcement is dated 7 May 2004.



Announcement Info

Company NameRCE CAPITAL BERHAD  
Stock Name RCECAP    
Date Announced7 May 2004  
CategoryGeneral Announcement
Reference NoMM-040507-52370

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