General Announcement for PLC
28/12/2017PRACTICE NOTE 17 / GUIDANCE NOTE 3 : REGULARISATION PLAN
PARLO BERHAD |
Type | Announcement |
Subject | PRACTICE NOTE 17 / GUIDANCE NOTE 3 REGULARISATION PLAN |
Description | PARLO BERHAD ("PARLO" OR THE "COMPANY") (FORMERLY KNOWN AS CYBERTOWERS BERHAD) (I) SHARE CAPITAL REDUCTION; (II) SHARE CONSOLIDATION; (III) ACQUISITION; (IV) EXEMPTION; (V) DEBT SETTLEMENT; AND (VI) PRIVATE PLACEMENT (COLLECTIVELY REFERRED TO AS "REGULARISATION PLAN" OR "PROPOSALS") |
Reference is made to the announcements dated 15 December 2015, 18 March 2016, 26 July 2016, 25 October 2016, 3 November 2016, 11 November 2016, 16 March 2017, 3 August 2017, 5 September 2017, 14 September 2017, 9 October 2017, 13 October 2017, 23 November 2017, 5 December 2017 and 13 December 2017 in relation to the Proposals. Unless otherwise defined, the definitions set out in the earlier announcements in relation to the Proposals shall apply herein. On behalf of the Board, TA Securities wishes to announce that Parlo’s existing issued share capital of 100,000,000 ordinary shares will be consolidated into 10,000,000 new ordinary shares after 5.00 p.m. today, pursuant to the Share Consolidation following the Share Capital Reduction which has been completed. The 10,000,000 Consolidated Shares will be listed and quoted on the ACE Market of Bursa Securities with effect from 9.00 a.m. on Friday, 29 December 2017. This announcement is dated 28 December 2017. |
Announcement Info
Company Name | PARLO BERHAD |
Stock Name | PARLO |
Date Announced | 28 Dec 2017 |
Category | General Announcement for PLC |
Reference Number | GA1-26122017-00067 |