General Announcement for PLC
04/10/2021OTHERS SOUTHERN CABLE GROUP BERHAD ("SOUTHERN CABLE") EXEMPTION FROM THE MORATORIUM IMPOSED ON THE SALE, TRANSFER OR ASSIGNMENT OF ORDINARY SHARES IN SOUTHERN CABLE HELD BY: (I) PROMOTERS PURSUANT TO RULE 3.19(1)(B) AND (C) OF THE ACE MARKET LISTING REQUIREMENTS OF BURSA MALAYSIA SECURITIES BERHAD ("LR"); AND (II) SEMANGAT HANDAL SDN BHD ("SEMANGAT HANDAL") PURSUANT TO ITS VOLUNTARILY UNDERTAKING TO COMPLY WITH RULE 3.19(1)(B) OF THE LR (COLLECTIVELY REFERRED TO AS THE "EXEMPTION")
| SOUTHERN CABLE GROUP BERHAD |
| Type | Announcement |
| Subject | OTHERS |
| Description | SOUTHERN CABLE GROUP BERHAD ("SOUTHERN CABLE")
EXEMPTION FROM THE MORATORIUM IMPOSED ON THE SALE, TRANSFER OR ASSIGNMENT OF ORDINARY SHARES IN SOUTHERN CABLE HELD BY:
(I) PROMOTERS PURSUANT TO RULE 3.19(1)(B) AND (C) OF THE ACE MARKET LISTING REQUIREMENTS OF BURSA MALAYSIA SECURITIES BERHAD ("LR"); AND
(II) SEMANGAT HANDAL SDN BHD ("SEMANGAT HANDAL") PURSUANT TO ITS VOLUNTARILY UNDERTAKING TO COMPLY WITH RULE 3.19(1)(B) OF THE LR
(COLLECTIVELY REFERRED TO AS THE "EXEMPTION") |
|
On behalf of the Board of Directors of Southern Cable, MIDF Amanah Investment Bank Berhad wishes to announce that Bursa Malaysia Securities Berhad had, vide its letter dated 4 October 2021, approved the Exemption. The approval is subject to the condition that the promoters may only deal in the shares of the Company after 1 full market day from the date of this announcement. This announcement is dated 4 October 2021. |
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Announcement Info
| Company Name | SOUTHERN CABLE GROUP BERHAD |
| Stock Name | SCGBHD |
| Date Announced | 04 Oct 2021 |
| Category | General Announcement for PLC |
| Reference Number | GA1-04102021-00148 |
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