BURSA ANNOUCEMENTS

Date : 22 September 2011

MULTIPLE PROPOSALS I-POWER BERHAD ("I-POWER" OR THE "COMPANY") I. PROPOSED CAPITAL REDUCTION; II. PROPOSED CAPITAL REDEMPTION RESERVE REDUCTION; III. PROPOSED SHARE PREMIUM REDUCTION; IV. PROPOSED SHARE CONSOLIDATION; V. PROPOSED ACQUISITION; VI. PROPOSED EXEMPTION; VII. PROPOSED OFFER FOR SALE; VIII. PROPOSED PRIVATE PLACEMENT; IX. PROPOSED INCREASE IN AUTHORISED SHARE CAPITAL; X. PROPOSED CHANGE OF NAME; AND XI. PROPOSED AMENDMENTS (COLLECTIVELY REFERRED TO AS THE "PROPOSALS")

I-POWER BERHAD

TypeAnnouncement
SubjectMULTIPLE PROPOSALS
DescriptionI-POWER BERHAD ("I-POWER" OR THE "COMPANY")

I. PROPOSED CAPITAL REDUCTION;
II. PROPOSED CAPITAL REDEMPTION RESERVE REDUCTION;
III. PROPOSED SHARE PREMIUM REDUCTION;
IV. PROPOSED SHARE CONSOLIDATION;
V. PROPOSED ACQUISITION;
VI. PROPOSED EXEMPTION;
VII. PROPOSED OFFER FOR SALE;
VIII. PROPOSED PRIVATE PLACEMENT;
IX. PROPOSED INCREASE IN AUTHORISED SHARE CAPITAL;
X. PROPOSED CHANGE OF NAME; AND
XI. PROPOSED AMENDMENTS

(COLLECTIVELY REFERRED TO AS THE "PROPOSALS")
The terms used herein, unless the context otherwise stated, bear the same meaning as those defined in the earlier announcements in relation to the Proposals.
We refer to our earlier announcements dated 11 August 2011 and 15 August 2011.
    One behalf of the Board of Directors of I-Power, OSK Investment Bank Berhad is pleased to announce that the application in relation to the Proposals (save for the Proposed Exemption, which would be submitted to the Securities Commission Malaysia in due course) had been submitted to Bursa Malaysia Securities Berhad.

    This announcement is dated 22 September 2011.

    Announcement Info

    Company NameI-POWER BERHAD (ACE Market) 
    Stock Name IPOWER    
    Date Announced22 Sept 2011  
    CategoryGeneral Announcement
    Reference NoOI-110922-41703

    Back