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Reduction Of The Issued Share Capital of SCIB Pursuant To Section 116 Of The Companies Act 2016 ("ACT") ("CAPITAL REDUCTION")

BackSep 21, 2021
Type Announcement
Subject OTHERS
Description

SARAWAK CONSOLIDATED INDUSTRIES BERHAD ("SCIB" OR THE "COMPANY")

REDUCTION OF THE ISSUED SHARE CAPITAL OF SCIB PURSUANT TO SECTION 116 OF THE COMPANIES ACT 2016 ("ACT") ("CAPITAL REDUCTION")

We refer to the announcement dated 26 April 2021 and the circular to shareholders dated 8 June 2021 ("Circular") in relation to the Capital Reduction. Unless otherwise defined, the terms used herein shall have the same meaning as defined in the Circular.

On behalf of the Board, UOBKH wishes to announce that the Company had, via its legal counsel, filed an application to the High Court in relation to the Capital Reduction pursuant to Section 116 of the Act.

This announcement is dated 21 September 2021.


Announcement Info

Company Name SARAWAK CONSOLIDATED INDUSTRIES BERHAD
Stock Name SCIB
Date Announced 21 Sep 2021
Category General Announcement for PLC
Reference Number GA1-21092021-00009