ZELAN

0.040

+0.005 (+14.3%)

PRACTICE NOTE 17 / GUIDANCE NOTE 3 : OTHERS

ZELAN BERHAD

Type Announcement
Subject PRACTICE NOTE 17 / GUIDANCE NOTE 3
OTHERS
Description
ZELAN BERHAD ("ZELAN" OR THE "COMPANY")

PROPOSED SCHEME OF ARRANGEMENT

We refer to the Company’s following earlier announcements made in relation to the Company being classified as an affected listed issuer pursuant to PN17 of Listing Requirements:-

 

(i) first announcement dated 30 April 2023 (“First Announcement”); and

(ii) 30 May 2023, 30 June 2023, 31 July 2023, 28 August 2023, 29 September 2023, 31 October 2023, 30 November 2023, 29 December 2023, 30 January 2024, 29 February 2024, 29 March 2024, 29 April 2024, 2 May 2024, 5 June 2024, 28 June 2024, 30 July 2024, 30 August 2024, 30 September 2024, 25 October 2024, 29 October 2024, 18 November 2024, 28 November 2024, 27 December 2024, 28 January 2025, 25 February 2025, 28 February 2025, 21 March 2025, 2 April 2025, 17 April 2025, 30 April 2025, 2 May 2025, 3 June 2025, 1 July 2025, 1 August 2025, 2 September 2025, 1 October 2025, 3 October 2025, 15 October 2025, 31 October 2025, 3 November 2025, 1 December 2025, 4 December 2025, 2 January 2026, 6 January 2026, 13 January 2026, 30 January 2026, 3 February 2026 and 10 February 2026.

 

(collectively, referred to as the “Earlier Announcements”). 

 

Unless otherwise defined, the abbreviations and definitions used throughout this announcement shall bear the same meaning as those defined in the Earlier Announcements.

 

The Board wishes to inform that Zelan Berhad had on 13 February 2026 received the Sealed Court Order. Pursuant to the Sealed Court Order, the High Court has allowed Zelan Berhad for leave to convene a court-convened meeting of its creditors to consider the proposed scheme of arrangement pursuant to the Companies Act 2016.

 

The Company will make the necessary announcements once a meeting date has been fixed.

 

For information, the ad interim restraining order granted in favour of Zelan Berhad remains valid until 26 February 2026, subject to further extension (if any).

 

This announcement is dated 13 February 2026.






Announcement Info

Company Name ZELAN BERHAD
Stock Name ZELAN
Date Announced 13 Feb 2026
Category General Announcement for PLC
Reference Number GA1-13022026-00077