General Announcement for PLC

03/08/2022

Article entitled : "ILB Group's minority shareholder sues to block RM16m acquisition said to be stock dilutive"

ILB GROUP BERHAD

Type Reply to Query
Reply to Bursa Malaysia's Query Letter - Reference ID IQL-03082022-00001
Subject Article entitled : "ILB Group's minority shareholder sues to block RM16m acquisition said to be stock dilutive"
Description
Article entitled : "ILB Group's minority shareholder sues to block RM16m acquisition said to be stock dilutive"
Query Letter Contents

We refer to the above article appearing in theedgemarkets.com website on Wednesday, 3 August 2022, a copy is enclosed for your reference.

In accordance with Bursa Securities' Corporate Disclosure Policy, kindly furnish Bursa Securities with an announcement for public release confirming or denying the above reported article after due and diligent enquiry with all the directors, major shareholders and all such other person reasonably familiar with the matters about which the disclosure is to made in this respect. In the event you deny any part of the article, you are required to set forth facts sufficient to support the same.

 

Please furnish Bursa Securities with your reply via Bursa Link immediately.

 

Yours faithfully,

 


Listing

Regulation

 

c.c. : Market Surveillance Dept., Securities Commission (via fax)

Reference is made to the query letter from Bursa Securities Malaysia Berhad dated 3 August 2022 bearing reference number IQL-03082022-00001 ("Query").

 

Please refer to the announcement dated 3 August 2022 bearing reference number GA1-03082022-00059 announced by ILB Group Behad. 

 

ILB wishes to clarify that the Company, will always consider corporate proposals involving the businesses of the ILB Group in the best interest of ILB and all shareholders.

 

The Company is seeking legal advice and will announce further developments to the above matter accordingly.

 

This announcement is dated 3 August 2022.





Announcement Info

Company Name ILB GROUP BERHAD
Stock Name ILB
Date Announced 03 Aug 2022
Category General Announcement for PLC
Reference Number GA1-03082022-00061


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