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Date : 09 April 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, 18 March 2021 and 31 March 2021 in relation to the SCR.

On behalf of the Board, Maybank IB wishes to announce that the settlement of the SCR Offer Price has been effected in favour of:

(a) the Entitled Shareholders who maintain eDividend accounts, via electronic remittance to the Entitled Shareholders’ eDividend accounts duly registered with Bursa Depository on 9 April 2021; and

(b) the Entitled Shareholders who do not maintain eDividend accounts, via remittance in the form of cheques, banker’s drafts and/or cashier’s orders despatched by ordinary mail to the Entitled Shareholders (or their designated agents, as they may direct) at the Entitled Shareholders’ registered address last maintained with Bursa Depository on 9 April 2021.

As such, the SCR has been completed on 9 April 2021.

This announcement is dated 9 April 2021.





Announcement Info

Company Name KWANTAS CORPORATION BERHAD
Stock Name KWANTAS
Date Announced 09 Apr 2021
Category General Announcement for PLC
Reference Number GA1-09042021-00066


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