General Announcement for PLC

23/12/2019

MULTIPLE PROPOSALS SAND NISKO CAPITAL BERHAD ("SNCB" OR THE "COMPANY") (I) PROPOSED DISPOSAL; (II) PROPOSED PRIVATE PLACEMENT; (III) PROPOSED SPECIAL ISSUE; AND (IV) PROPOSED ESOS (COLLECTIVELY REFERRED TO AS THE "PROPOSALS")

SAND NISKO CAPITAL BERHAD

Type Announcement
Subject MULTIPLE PROPOSALS
Description
SAND NISKO CAPITAL BERHAD ("SNCB" OR THE "COMPANY")

(I) PROPOSED DISPOSAL;

(II) PROPOSED PRIVATE PLACEMENT; 

(III) PROPOSED SPECIAL ISSUE; AND

(IV) PROPOSED ESOS

(COLLECTIVELY REFERRED TO AS THE "PROPOSALS")

We refer to the announcements made on 27 September 2019, 25 November 2019 and 28 November 2019 in relation to the Proposals (“Announcement”). For the consistency purposes, the abbreviations used in this announcement are the same as those previously defined in the Announcement unless otherwise define herein.

 

On behalf of SNCB, SJ Securities Sdn Bhd wishes to announce that the additional listing application and the draft circular in relation to the Proposals have been submitted to Bursa Malaysia Securities Berhad on 20 December 2019.

 

This announcement is dated 23 December 2019.






Announcement Info

Company Name SAND NISKO CAPITAL BERHAD
Stock Name SNC
Date Announced 23 Dec 2019
Category General Announcement for PLC
Reference Number GA1-20122019-00115


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Date Title
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04/03/2022 Proposed disposal of the entire issued share capital of Len Cheong Resources Sdn. Bhd. ("LCR") for a total cash consideration of approximately RM1.29 million ("Proposed Disposal")
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20/12/2021 OTHERS SAND NISKO CAPITAL BERHAD ("SNC" OR "COMPANY") MEMORANDUM OF UNDERSTANDING BETWEEN LEN CHEONG INDUSTRIES SDN BHD ("LCI") A WHOLLY-OWNED SUBSIDIARY OF SNC AND FABULOUS SUNVIEW SDN BHD ("SUNVIEW") ON COLLABORATION TO INTEGRATE LARGE SCALE SOLAR FARM
16/12/2021 MULTIPLE PROPOSALS SAND NISKO CAPITAL BERHAD ("SNC" OR "COMPANY") (I) SHARE SPLIT; AND (II) BONUS ISSUE OF WARRANTS (COLLECTIVELY REFERRED TO AS THE "PROPOSALS")
01/12/2021 TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS SAND NISKO CAPITAL BERHAD ("SNC" OR "COMPANY") PROPOSED JOINT VENTURE BETWEEN LEN CHEONG RESOURCES SDN BHD ("LCR" OR THE "DEVELOPER") A WHOLLY-OWNED SUBSIDIARY OF SNC AND MUTIARA MAHAJUTA SDN BHD (REPRESENTING A GROUP OF INDIVIDUAL LANDOWNERS) ("MUTIARA" OR THE "LANDOWNER") FOR LONG-TERM 2 PHASES DEVELOPMENT OF LANDS IN THE STATE OF MELAKA ("PROPOSED JV")
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