BURSA ANNOUCEMENTS

Date : 26 July 2012

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

TypeAnnouncement
SubjectMULTIPLE PROPOSALS
DescriptionI-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, 2 May 2012 and 24 July 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, 2 May 2012 and 24 July 2012 in relation to the Corporate Exercises.
    OSK, on behalf of the Board, wishes to announce that the Securities Commission Malaysia has approved the Exemption vide its letter dated 25 July 2012.

    This announcement is dated 26 July 2012.


    Announcement Info

    Company NameI-POWER BERHAD (ACE Market) 
    Stock Name IPOWER    
    Date Announced26 Jul 2012  
    CategoryGeneral Announcement
    Reference NoOI-120726-58036

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