General Announcement for PLC

22/02/2016

MULTIPLE PROPOSALS O&C RESOURCES BERHAD (FORMERLY KNOWN AS TAKASO RESOURCES BERHAD) ("OCR" OR THE "COMPANY") (I) PROPOSED RIGHTS ISSUE OF ICPS WITH WARRANTS; (II) PROPOSED DIVERSIFICATION; (III) PROPOSED INCREASE IN AUTHORISED SHARE CAPITAL; AND (IV) PROPOSED AMENDMENTS

O&C RESOURCES BERHAD

Type Announcement
Subject MULTIPLE PROPOSALS
Description
O&C RESOURCES BERHAD (FORMERLY KNOWN AS TAKASO RESOURCES BERHAD) ("OCR" OR THE "COMPANY")

(I) PROPOSED RIGHTS ISSUE OF ICPS WITH WARRANTS;

(II) PROPOSED DIVERSIFICATION;

(III) PROPOSED INCREASE IN AUTHORISED SHARE CAPITAL; AND

(IV) PROPOSED AMENDMENTS

We refer to the announcements dated 19 August 2015, 7 September 2015 and 3 February 2016 in relation to the Proposals (“Announcements”). Unless otherwise defined, the definitions set out in the Announcements shall apply herein.

In accordance with Paragraph 9.33(1)(b) of the Listing Requirements, OCR has up to 24 February 2016 to issue the circular to shareholders of OCR for the Proposals (“Circular”), which is within fourteen (14) market days from the date of letter from Bursa Securities dated 2 February 2016.

On behalf of the Board, TA Securities wishes to announce that an application has been submitted to Bursa Securities today for an extension of time until 4 March 2016 for OCR to issue and despatch the Circular.

This announcement is dated 22 February 2016.






Announcement Info

Company Name O&C RESOURCES BERHAD
Stock Name OCR
Date Announced 22 Feb 2016
Category General Announcement for PLC
Reference Number GA1-22022016-00043


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