MULTIPLE PROPOSALS INSTACOM GROUP BERHAD ("INSTACOM" OR THE "COMPANY") (FORMERLY KNOWN AS I-POWER BERHAD) I. SHARE CAPITAL REDUCTION; II. CAPITAL REDEMPTION RESERVE 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")
INSTACOM GROUP BERHAD |
Type | Announcement |
Subject | MULTIPLE PROPOSALS |
Description | INSTACOM GROUP BERHAD ("INSTACOM" OR THE "COMPANY") (FORMERLY KNOWN AS I-POWER BERHAD) I. SHARE CAPITAL REDUCTION; II. CAPITAL REDEMPTION RESERVE 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, 24 July 2012, 26 July 2012, 6 September 2012, 13 September 2012 and 21 September 2012. We refer to the announcements made by OSK Investment Bank Berhad ("OSK"), on behalf of the Board of Directors of Instacom ("Board") on 11 August 2011, 15 August 2011, 22 September 2011, 6 January 2012, 30 March 2012, 9 April 2012, 2 May 2012, 24 July 2012, 26 July 2012, 6 September 2012, 13 September 2012 and 21 September 2012 in relation to the Corporate Exercises. On behalf of the Board, OSK is pleased to announce that the sealed order of the High Court of Malaya in Kuala Lumpur confirming the Share Capital Reduction, the Capital Redemption Reserve Reduction and the Share Premium Reduction has been lodged with the Companies Commission of Malaysia on 1 October 2012, marking the effective date and completion of the Share Capital Reduction, the Capital Redemption Reserve Reduction and the Share Premium Reduction. In addition, on behalf of the Board, OSK also wishes to announce the following:- |
Announcement Info
Company Name | INSTACOM GROUP BERHAD (ACE Market) |
Stock Name | INSTACO |
Date Announced | 1 Oct 2012 |
Category | General Announcement |
Reference No | OI-121001-63717 |