MULTIPLE PROPOSALS WINTONI GROUP BERHAD (FORMERLY KNOWN AS WINSUN TECHNOLOGIES BERHAD) (“WINTONI” OR THE “COMPANY”) (I) PROPOSED PAR VALUE REDUCTION; (II) PROPOSED INCREASE IN AUTHORISED SHARE CAPITAL; AND (III) PROPOSED AMENDMENTS (COLLECTIVELY, THE “PROPOSALS”) - General Announcement - Malaysia Data

4,798,267,200

1,903,738,752

497

616

4,274

3,732

280,646

General Announcement

07/04/2014

MULTIPLE PROPOSALS WINTONI GROUP BERHAD (FORMERLY KNOWN AS WINSUN TECHNOLOGIES BERHAD) (WINTONI OR THE COMPANY) (I) PROPOSED PAR VALUE REDUCTION; (II) PROPOSED INCREASE IN AUTHORISED SHARE CAPITAL; AND (III) PROPOSED AMENDMENTS (COLLECTIVELY, THE PROPOSALS)

WINTONI GROUP BERHAD

Type	Announcement
Subject	MULTIPLE PROPOSALS
Description	WINTONI GROUP BERHAD (FORMERLY KNOWN AS WINSUN TECHNOLOGIES BERHAD) (WINTONI OR THE COMPANY) (I) PROPOSED PAR VALUE REDUCTION; (II) PROPOSED INCREASE IN AUTHORISED SHARE CAPITAL; AND (III) PROPOSED AMENDMENTS (COLLECTIVELY, THE PROPOSALS)
On behalf of the Board of Directors of Wintoni, KAF Investment Bank Berhad wishes to announce that the Company is proposing to undertake the following proposals:- (i) proposed reduction of the issued and paid-up share capital of Wintoni pursuant to Section 64 of the Companies Act, 1965 involving the cancellation of RM0.05 of the par value of every existing ordinary share of RM0.10 each in Wintoni (Existing Shares) (Proposed Par Value Reduction); (ii) proposed increase in the authorised share capital of Wintoni from RM100,000,000 comprising 1,000,000,000 Existing Shares to RM500,000,000 comprising 10,000,000,000 ordinary shares of RM0.05 each in Wintoni (Proposed Increase in Authorised Share Capital); and (iii) proposed amendments to the Memorandum and Articles of Association of Wintoni to facilitate the Proposed Par Value Reduction and the Proposed Increase in Authorised Share Capital. Kindly refer to the attached document for the complete announcement. This announcement is dated 7 April 2014.

Attachments

Wintoni - Proposals.pdf
103 KB

Announcement Info

Company Name	WINTONI GROUP BERHAD (ACE Market)
Stock Name	WINTONI
Date Announced	7 Apr 2014
Category	General Announcement
Reference No	MI-140404-63155

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