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") |
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Reference is made to the Company’s announcements dated 19 August 2019, 20 August 2019 and 28 August 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, has today, received a letter from Yatee & Sons Sdn Bhd to revise the SCR Offer Price for the Proposed SCR from RM1.30 to RM1.36 for each Mintye Share (“Revised SCR Offer Price”) held by the Entitled Shareholders (“Revised SCR Offer Letter”). Save for the Revised SCR Offer Price, all other material terms and conditions to the Proposed SCR remain the same. A copy of the Revised SCR Offer Letter is enclosed herewith. This announcement is dated 24 September 2019. |
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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 | GA1-23092019-00100 |