BHIC

0.475

(%)

OTHERS BOUSTEAD HEAVY INDUSTRIES CORPORATION BERHAD ("BHIC" OR "COMPANY") SELECTIVE CAPITAL REDUCTION AND REPAYMENT EXERCISE FOR THE ORDINARY SHARES IN BHIC ("BHIC SHARES") NOT OWNED BY BOUSTEAD HOLDINGS BERHAD ("BHB"); AND CAPITAL REDUCTION AND REPAYMENT EXERCISES FOR THE REDEEMABLE CONVERTIBLE PREFERENCE SHARES ("RCPS") CLASS A IN BHIC ("RCPS A") AND ISLAMIC RCPS CLASS A IN BHIC ("RCPS-i A"), PURSUANT TO SECTION 116 OF THE COMPANIES ACT 2016 ("ACT") (THE "CAPITAL REDUCTION")

BOUSTEAD HEAVY INDUSTRIES CORPORATION BHD

Type Announcement
Subject OTHERS
Description 
BOUSTEAD HEAVY INDUSTRIES CORPORATION BERHAD ("BHIC" OR "COMPANY")

SELECTIVE CAPITAL REDUCTION AND REPAYMENT EXERCISE FOR THE ORDINARY SHARES IN BHIC ("BHIC SHARES") NOT OWNED BY BOUSTEAD HOLDINGS BERHAD ("BHB"); AND CAPITAL REDUCTION AND REPAYMENT EXERCISES FOR THE REDEEMABLE CONVERTIBLE PREFERENCE SHARES ("RCPS") CLASS A IN BHIC ("RCPS A") AND ISLAMIC RCPS CLASS A IN BHIC ("RCPS-i A"), PURSUANT TO SECTION 116 OF THE COMPANIES ACT 2016 ("ACT") (THE "CAPITAL REDUCTION")

We refer to the announcements dated 10 February 2026, 23 February 2026, 3 March 2026, 9 March 2026, 2 April 2026, 6 April 2026, 29 April 2026, 22 May 2026, 1 July 2026, 24 July 2026, 27 July 2026, 10 August 2026 and 20 August 2026 in relation to the Capital Reduction. Unless otherwise defined, the abbreviations and definitions used in the previous announcements in relation to the Capital Reduction shall apply herein.

 

On behalf of the Board, Affin Hwang IB wishes to announce that Bursa Securities had, vide its letter dated 27 August 2026, informed that the entire issued share capital of BHIC will be removed from the Official List of Bursa Securities with effect from 9.00 a.m. on Wednesday, 2 September 2026 pursuant to Paragraph 16.07(b) of the Main Market Listing Requirements of Bursa Securities.

 

 

This announcement is dated 28 August 2026.



Announcement Info

Company Name BOUSTEAD HEAVY INDUSTRIES CORPORATION BHD
Stock Name BHIC
Date Announced 28 Aug 2026
Category General Announcement for PLC
Reference Number GA1-28082026-00060


View original announcement