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OTHERS MINTYE BERHAD ("MINTYE" OR "COMPANY") PROPOSED SELECTIVE CAPITAL REDUCTION AND REPAYMENT EXERCISE OF MINTYE PURSUANT TO SECTION 116 OF THE COMPANIES ACT 2016 ("PROPOSED SCR")

MINTYE BERHAD

Type Announcement
Subject OTHERS
Description
MINTYE BERHAD ("MINTYE" OR "COMPANY")

PROPOSED SELECTIVE CAPITAL REDUCTION AND REPAYMENT EXERCISE OF MINTYE PURSUANT TO SECTION 116 OF THE COMPANIES ACT 2016 ("PROPOSED SCR")

Reference is made to the Company’s announcements dated 19 August 2019, 20 August 2019, 28 August 2019 and 24 September 2019 in relation to the Proposed SCR (“Announcements”). Unless otherwise defined, the definitions used in this announcement shall have the same meanings as those defined in the Announcements.

On behalf of the Board, Hong Leong Investment Bank Berhad wishes to announce that the Board (save for the Interested Directors) has deliberated on the contents of the SCR Offer Letter as well as the Revised SCR Offer Letter. The Board (save for the Interested Directors) has resolved to table the Proposed SCR to the Entitled Shareholders of Mintye for their consideration and approval.

Please refer to the attachment for further details of the Proposed SCR.

This announcement is dated 24 September 2019.




Please refer attachment below.



Announcement Info

Company Name MINTYE BERHAD
Stock Name MBG
Date Announced 24 Sep 2019
Category General Announcement for PLC
Reference Number GA1-23092019-00101