OTHERS PELANGI PUBLISHING GROUP BHD ("PELANGI" OR THE "COMPANY") PROPOSED SELECTIVE CAPITAL REDUCTION AND REPAYMENT EXERCISE OF PELANGI PURSUANT TO SECTION 116 OF THE COMPANIES ACT 2016 ("PROPOSED SCR")
| PELANGI PUBLISHING GROUP BHD. |
| Type | Announcement |
| Subject | OTHERS |
| Description | PELANGI PUBLISHING GROUP BHD ("PELANGI" OR THE "COMPANY")
PROPOSED SELECTIVE CAPITAL REDUCTION AND REPAYMENT EXERCISE OF PELANGI PURSUANT TO SECTION 116 OF THE COMPANIES ACT 2016 ("PROPOSED SCR") |
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Reference is made to the Company’s announcements dated 2 October 2020, 8 October 2020, 23 October 2020, 27 October 2020, 27 November 2020, 8 December 2020 and 21 December 2020 in relation to the Proposed SCR (“Announcements”). Unless otherwise defined, the definitions used in this announcement shall have the same meaning as those defined in the Announcements.
On behalf of the Board, RHB Investment Bank Berhad wishes to announce that the Company had on 29 January 2021 filed the petition to the High Court of Malaya at Kuala Lumpur (“High Court”) to obtain an order by the High Court confirming the reduction of the issued share capital of the Company in accordance with Section 116 of the Act to give effect to the Proposed SCR.
This announcement is dated 29 January 2021. |
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Announcement Info
| Company Name | PELANGI PUBLISHING GROUP BHD. |
| Stock Name | PPG |
| Date Announced | 29 Jan 2021 |
| Category | General Announcement for PLC |
| Reference Number | GA1-29012021-00136 |