General Announcement for PLC

28/08/2019

MULTIPLE PROPOSALS ADVENTA BERHAD ("ADVENTA" OR THE "COMPANY") I. PROPOSED RIGHTS ISSUE OF IRREDEEMABLE CONVERTIBLE PREFERENCE SHARES TO RAISE PROCEEDS OF APPROXIMATELY RM50 MILLION; II. PROPOSED EXEMPTION; AND III. PROPOSED AMENDMENTS TO THE MEMORANDUM AND ARTICLES OF ASSOCIATION OF ADVENTA (COLLECTIVELY, THE "FUND RAISING PROPOSAL")

ADVENTA BERHAD

Type Announcement
Subject MULTIPLE PROPOSALS
Description 
ADVENTA BERHAD ("ADVENTA" OR THE "COMPANY")

I. PROPOSED RIGHTS ISSUE OF IRREDEEMABLE CONVERTIBLE PREFERENCE SHARES TO RAISE PROCEEDS OF APPROXIMATELY RM50 MILLION; 
II. PROPOSED EXEMPTION; AND
III. PROPOSED AMENDMENTS TO THE MEMORANDUM AND ARTICLES OF ASSOCIATION OF ADVENTA

(COLLECTIVELY, THE "FUND RAISING PROPOSAL")

This announcement is dated 28 August 2019.

 

Reference is made to the Company’s announcements on 24 August 2018, 27 August 2018, 24 October 2018, 12 November 2018 and 18 June 2019 in relation to the revised Fund Raising Proposal ("Earlier Announcements”). Unless otherwise stated, defined terms in this announcement shall carry the same meanings as defined in the Earlier Announcements.

 

On behalf of the Board, AmInvestment Bank wishes to announce that the Board, after further deliberation, had resolved to abort the Fund Raising Proposal.



Announcement Info

Company Name ADVENTA BERHAD
Stock Name ADVENTA
Date Announced 28 Aug 2019
Category General Announcement for PLC
Reference Number GA1-28082019-00043


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