General Announcement for PLC

04/08/2022

MULTIPLE PROPOSALS IMPIANA HOTELS BERHAD ("IMPIANA" OR THE "COMPANY") I. PROPOSED SHARE CONSOLIDATION; II. PROPOSED AMENDMENTS; AND III. PROPOSED NOTES ISSUE (COLLECTIVELY REFERRED TO AS "PROPOSALS")

IMPIANA HOTELS BERHAD

Type Announcement
Subject MULTIPLE PROPOSALS
Description 
IMPIANA HOTELS BERHAD ("IMPIANA" OR THE "COMPANY")
I. PROPOSED SHARE CONSOLIDATION;
II. PROPOSED AMENDMENTS; AND
III. PROPOSED NOTES ISSUE
(COLLECTIVELY REFERRED TO AS "PROPOSALS")

The terms used herein, unless the context otherwise stated, bear the same meaning as those defined in the earlier announcement in relation to the Proposals.

We refer to the earlier announcement dated 7 June 2022 in relation to the Proposals.

On behalf of the Board, Kenanga IB wishes to announce that the Company had on 4 August 2022, entered into a supplemental letter with the Subscribers to revise the Minimum Conversion Price in relation to the Proposed Notes Issue ("MCP Revision"). The details of the MCP Revision are set out in the attachment below.

This announcement is dated 4 August 2022.


Please refer attachment below.


Announcement Info

Company Name IMPIANA HOTELS BERHAD
Stock Name IMPIANA
Date Announced 04 Aug 2022
Category General Announcement for PLC
Reference Number GA1-04082022-00019


Related Announcements for IMPIANA
Date Title
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13/05/2022 MATERIAL LITIGATION IMPIANA HOTELS BERHAD ("IMPIANA" OR THE COMPANY") HIGH COURT OF MALAYA KUALA LUMPUR ORIGINATING SUMMONS NO. WA-26C-68-03/2022 AXVENTURE SDN BHD ("PLAINTIFF") AND IMPIANA CHERATING SDN BHD ("DEFENDANT")
09/05/2022 MATERIAL LITIGATION IMPIANA HOTELS BERHAD ("IMPIANA" OR "THE COMPANY") HIGH COURT OF MALAYA KUALA LUMPUR ORIGINATING SUMMONS NO. WA-26C-68-03/2022 AXVENTURE SDN BHD ("PLAINTIFF") AND IMPIANA CHERATING SDN BHD ("DEFENDANT")
30/03/2022 MATERIAL LITIGATION IMPIANA HOTELS BERHAD ("IMPIANA" OR THE COMPANY") HIGH COURT OF MALAYA KUALA LUMPUR ORIGINATING SUMMONS NO. WA-26C-68-03/2022 AXVENTURE SDN BHD ("PLAINTIFF") AND IMPIANA CHERATING SDN BHD ("DEFENDANT")
18/03/2022 MATERIAL LITIGATION IMPIANA HOTELS BERHAD ("IMPIANA" OR "THE COMPANY") HIGH COURT OF MALAYA KUALA LUMPUR ORIGINATING SUMMONS NO. WA-26C-68-03/2022 AXVENTURE SDN BHD ("PLAINTIFF") AND IMPIANA CHERATING SDN BHD ("DEFENDANT")
07/02/2022 MATERIAL LITIGATION IMPIANA HOTELS BERHAD ("IMPIANA" OR "THE COMPANY") ADJUDICATION REFERENCE NO. AIAC/D/ADJ-3915-2021 BETWEEN AXVENTURE SDN BHD ("CLAIMANT") AND IMPIANA CHERATING SDN BHD ("RESPONDENT")
06/01/2022 MATERIAL LITIGATION IMPIANA HOTELS BERHAD ("IMPIANA" OR THE COMPANY") ADJUDICATION REFERENCE NO. AIAC/D/ADJ-3915-2021 BETWEEN AXVENTURE SDN BHD ("CLAIMANT") AND IMPIANA CHERATING SDN BHD ("RESPONDENT")