General Announcement for PLC

15/10/2018

OTHERS Comintel Corporation Bhd ("Comcorp" or "the Company") Proposed Variation to the Utilisation of Proceeds raised from the Disposal of 100% Equity Interest in BCM Electronics Corporation Sdn Bhd, a former wholly-owned subsidiary of Comcorp to Aurelius Holdings Sdn Bhd (Proposed Variation)

COMINTEL CORPORATION BHD

Type Announcement
Subject OTHERS
Description 
Comintel Corporation Bhd ("Comcorp" or "the Company")
Proposed Variation to the Utilisation of Proceeds raised from the Disposal of 100% Equity Interest in BCM Electronics Corporation Sdn Bhd, a former wholly-owned subsidiary of Comcorp to Aurelius Holdings Sdn Bhd (Proposed Variation)

Further to our announcement dated 17 August 2018 pertaining to the Proposed Variation, the Board of Directors of Comcorp wishes to announce that the Company intends to effect a further variation to the manner of utilisation of the proceeds as described in our announcement dated 17 August 2018.

Please refer to the attachment for details of the original proposed utilisation of proceeds, actual utilisation of proceeds and proposed further revised utilisation of proceeds.

The Proposed Variation is subject to the approval of the shareholders of the Company at an extraordinary general meeting to be convened and the Company will be issuing a circular to shareholders in respect of the Proposed Variation in due course.

 

This announcement is dated 15 October 2018.


Please refer attachment below.


Announcement Info

Company Name COMINTEL CORPORATION BHD
Stock Name COMCORP
Date Announced 15 Oct 2018
Category General Announcement for PLC
Reference Number GA1-12102018-00048


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