OTHERS PROPOSED TRANSFER OF LISTING FROM THE LEAP MARKET OF BURSA MALAYSIA SECURITIES BERHAD ("BURSA SECURITIES") TO THE ACE MARKET OF BURSA SECURITIES ("PROPOSED TRANSFER OF LISTING")
| METRO HEALTHCARE BERHAD |
| Type | Announcement |
| Subject | OTHERS |
| Description | PROPOSED TRANSFER OF LISTING FROM THE LEAP MARKET OF BURSA MALAYSIA SECURITIES BERHAD ("BURSA SECURITIES") TO THE ACE MARKET OF BURSA SECURITIES ("PROPOSED TRANSFER OF LISTING") |
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(Unless otherwise defined, capitalised terms used in this announcement shall carry the same meanings as those given to them in the announcements dated 13 April 2023, 25 May 2023, 16 August 2023, 30 January 2024, 22 February 2024, 10 May 2024, 8 August 2024, 13 August 2024 and 10 September 2024 (“Announcements”)). We refer to the Announcements in relation to the Proposed Transfer of Listing. On behalf of the Board, MIDF Investment wishes to announce that Bursa Securities had, vide its letter dated 20 September 2024, approved the application for the Proposed Withdrawal pursuant to the Proposed Transfer of Listing. In this regard, MIDF Investment is required to furnish Bursa Securities with a letter ("MIDF Investment Confirmation Letter"), confirming the following: (i) That the details of the shareholders of Metro, including their direct and indirect shareholdings (in number and percentage) as at 25 May 2023 as disclosed in MIDF Investment's letter dated 26 May 2023 remain unchanged as at the date of MIDF Investment Confirmation Letter, save for the Bonus Shares to be issued pursuant to the Bonus Issue (as defined in the circular dated 30 January 2024); (ii) That the requirements of Rule 8.06(1) of the LEAP Market Listing Requirements have been complied with or waived by Bursa Securities, as the case may be; (iii) That all conditions, including conditions imposed by the relevant authorities which are required to be met prior to the delisting have been met; and (iv) That there are no circumstances or facts which have the effect of preventing or prohibiting the delisting including any order, injunction or any other directive issued by any court of law. Further, Metro is required to announce, 5 clear market days before the effective date of the suspension, the following: (i) The trading in Metro Shares on the LEAP Market of Bursa Securities will be suspended one market day before the date of allotment of the new Metro Shares to be issued pursuant to the Proposed Listing until the completion of the Proposed Listing; and (ii) The effective date of suspension. The delisting of Metro will take place after trading in Metro Shares has been suspended. This announcement is dated 23 September 2024. |
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Announcement Info
| Company Name | METRO HEALTHCARE BERHAD |
| Stock Name | MHCARE |
| Date Announced | 23 Sep 2024 |
| Category | General Announcement for PLC |
| Reference Number | GA1-23092024-00022 |