MULTIPLE PROPOSALS I-POWER BERHAD ("I-POWER" OR THE "COMPANY") I. CAPITAL REDUCTION; II. CRR REDUCTION; III. SHARE PREMIUM REDUCTION; IV. SHARE CONSOLIDATION; V. ACQUISITION; VI. BONUS ISSUE; VII. EXEMPTION; VIII. OFFER FOR SALE; IX. PRIVATE PLACEMENT; X. INCREASE IN AUTHORISED SHARE CAPITAL; XI. CHANGE OF NAME; AND XII. AMENDMENTS (COLLECTIVELY REFERRED TO AS THE "CORPORATE EXERCISES")
| I-POWER BERHAD |
| Type | Announcement |
| Subject | MULTIPLE PROPOSALS |
| Description | I-POWER BERHAD ("I-POWER" OR THE "COMPANY") I. CAPITAL REDUCTION; II. CRR REDUCTION; III. SHARE PREMIUM REDUCTION; IV. SHARE CONSOLIDATION; V. ACQUISITION; VI. BONUS ISSUE; VII. EXEMPTION; VIII. OFFER FOR SALE; IX. PRIVATE PLACEMENT; X. INCREASE IN AUTHORISED SHARE CAPITAL; XI. CHANGE OF NAME; AND XII. AMENDMENTS (COLLECTIVELY REFERRED TO AS THE "CORPORATE EXERCISES") |
The terms used herein, unless the context otherwise stated, bear the same meaning as those defined in the earlier announcements in relation to the Corporate Exercises dated 11 August 2011, 15 August 2011, 22 September 2011, 6 January 2012, 30 March 2012, 9 April 2012 and 2 May 2012. We refer to the announcements made by OSK Investment Bank Berhad ("OSK"), on behalf of the Board of Directors of I-Power ("Board") on 11 August 2011, 15 August 2011, 22 September 2011, 6 January 2012, 30 March 2012, 9 April 2012 and 2 May 2012 in relation to the Corporate Exercises. OSK, on behalf of the Board, is pleased to announce that the application in relation to the Exemption has been submitted to the Securities Commission Malaysia. This announcement is dated 24 July 2012. | |
Announcement Info
| Company Name | I-POWER BERHAD (ACE Market) |
| Stock Name | IPOWER |
| Date Announced | 24 Jul 2012 |
| Category | General Announcement |
| Reference No | OI-120724-66107 |