General Announcement for PLC

14/03/2022

PRACTICE NOTE 17 / GUIDANCE NOTE 3 : REGULARISATION PLAN

DAYA MATERIALS BERHAD

Type Announcement
Subject PRACTICE NOTE 17 / GUIDANCE NOTE 3
REGULARISATION PLAN
Description
DAYA MATERIALS BERHAD ("DMB" OR THE "COMPANY")

(I) PROPOSED SHARE EXCHANGE;
(II) PROPOSED TRANSFER OF LISTING STATUS;
(III) PROPOSED REORGANISATION;
(IV) PROPOSED DCMT ACQUISITION;
(V) PROPOSED DMAX ACQUISITION 1;
(VI) PROPOSED DMAX ACQUISITION 2;
(VII) PROPOSED DEBT SETTLEMENT;
(VIII) PROPOSED FEE SETTLEMENT;
(IX) PROPOSED PRIVATE PLACEMENT; AND
(X) PROPOSED LTIP

(COLLECTIVELY, THE "PROPOSED REGULARISATION PLAN")

Reference is made to the Company’s announcements dated 31 December 2020, 25 February 2021, 17 March 2021, 19 March 2021, 31 May 2021, 2 June 2021, 10 June 2021, 2 July 2021, 8 September 2021, 20 October 2021, 27 October 2021, 7 December 2021, 27 December 2021, 21 January 2022, 11 February 2022, 15 February 2022 and 21 February 2022 in relation to the Proposed Regularisation Plan (“Announcements”). Unless otherwise defined, capitalised terms used in this announcement shall have the same meanings as defined in the aforesaid Announcements.

On behalf of the Board, HLIB wishes to announce that an office copy of the order of the High Court dated 21 February 2022 in respect of the Proposed Share Exchange and Proposed Transfer of Listing Status has been lodged with the Registrar of Companies of Malaysia on 14 March 2022. Pursuant thereto, the Proposed Share Exchange and the Proposed Transfer of Listing Status shall therefore take effect on 14 March 2022 pursuant to Section 366 of the Companies Act 2016.

This announcement is dated 14 March 2022.






Announcement Info

Company Name DAYA MATERIALS BERHAD
Stock Name DAYA
Date Announced 14 Mar 2022
Category General Announcement for PLC
Reference Number GA1-14032022-00053