General Announcement for PLC
08/07/2022PRACTICE NOTE 17 / GUIDANCE NOTE 3 : REGULARISATION PLAN
| G NEPTUNE BERHAD |
| Type | Announcement |
| Subject | PRACTICE NOTE 17 / GUIDANCE NOTE 3 REGULARISATION PLAN |
| Description | G NEPTUNE BERHAD ("GNB" OR THE "COMPANY")
(I) PROPOSED SHARE CONSOLIDATION;
(II) PROPOSED ACQUISITION;
(III) PROPOSED DEBT SETTLEMENT;
(IV) PROPOSED PRIVATE PLACEMENT; AND
(V) PROPOSED EXEMPTION.
(COLLECTIVELY REFERRED TO AS THE "PROPOSED REGULARISATION PLAN" OR "PROPOSALS") |
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We refer to GNB’s announcements dated 9 July 2021, 8 September 2021, 26 January 2022, 18 May 2022 and 23 May 2022 in relation to the Proposed Regularisation Plan (“Announcements”). Unless otherwise defined, the definitions set out in the Announcements shall apply herein.
On behalf of the Board, Kenanga Investment Bank Berhad wishes to announce that Bursa Securities had, via its letter dated 8 July 2022 resolved to approve, among others, the following:
(i) the Proposed Regularisation Plan of GNB; and
(ii) the listing of and quotation for the additional 2,243,714,567 new GNB Shares to be issued pursuant to the Proposed Acquisition, Proposed Debt Settlement and Proposed Private Placement.
Further information is set out in the attachment.
This announcement is dated 8 July 2022. |
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Please refer attachment below.
Attachments
Announcement - Approval on the Proposed Regularisation Plan (8.7.22).pdf
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Announcement Info
| Company Name | G NEPTUNE BERHAD |
| Stock Name | GNB |
| Date Announced | 08 Jul 2022 |
| Category | General Announcement for PLC |
| Reference Number | GA1-08072022-00072 |