SANICHI

0.080

-0.005 (-5.9%)

MULTIPLE PROPOSALS SANICHI TECHNOLOGY BERHAD (“SANICHI” OR THE “COMPANY”) (I) SHARE CONSOLIDATION; (II) SHARE CAPITAL REDUCTION; AND (III) VARIATION (COLLECTIVELY, THE “PROPOSALS”)

SANICHI TECHNOLOGY BERHAD

Type Announcement
Subject MULTIPLE PROPOSALS
Description
SANICHI TECHNOLOGY BERHAD (“SANICHI” OR THE “COMPANY”)

(I)	SHARE CONSOLIDATION;
(II)	SHARE CAPITAL REDUCTION; AND 
(III)	VARIATION

(COLLECTIVELY, THE “PROPOSALS”)
(For consistency, the abbreviations used throughout this announcement shall have the same meanings as defined in the announcement dated 4 October 2024 in relation to the Proposals, where applicable, unless stated otherwise or defined herein.)

Reference is made to the earlier announcements dated 4 October 2024, 22 October 2024, 29 November 2024, 16 December 2024 and 17 December 2024 in relation to the Proposals.

On behalf of the Board, TA Securities wishes to announce that the Company had on 5 February 2025 received a notice dated 3 February 2025 issued by the Companies Commission of Malaysia confirming that on 24 January 2025, all the requirements with respect to the reduction of share capital of the Company, as stated in the special resolution dated 28 November 2024, have been complied (“Notice”).

Pursuant to Section 119(4) of the Act, the Notice shall be conclusive evidence that all the requirements of the Act with respect to the reduction of share capital have been complied with. Accordingly, the Share Capital Reduction took effect on 3 February 2025.


This announcement is dated 5 February 2025.





Announcement Info

Company Name SANICHI TECHNOLOGY BERHAD
Stock Name SANICHI
Date Announced 05 Feb 2025
Category General Announcement for PLC
Reference Number GA1-05022025-00044