Company: VTI VINTAGE BHD
Stock Name: VINTAGE
Amount/Ratio: 5 : 1
Announcement Date: 02/07/2014
Ex Date: 14/07/2014
Detail:
Stock Name: VINTAGE
Amount/Ratio: 5 : 1
Announcement Date: 02/07/2014
Ex Date: 14/07/2014
Detail:
Company Name | VTI VINTAGE BERHAD |
Stock Name | VINTAGE |
Date Announced | 2 Jul 2014 |
Category | Entitlements (Notice of Book Closure) |
Reference No | ML-140624-53757 |
Remarks : |
The trading of the securities of VVB has been suspended since 10 April 2012 via a notice by Bursa Malaysia Securities Berhad to VVB pursuant to Paragraph 8.05(5) of the then Bursa Malaysia Securities Berhad Main Market Listing Requirements. On 23 June 2014, the High Court of Malaya in Kuala Lumpur had granted an order confirming the reduction of the issued and paid-up share capital of VVB via the cancellation of RM0.90 of the par value of each share in VVB pursuant to Section 64 of the Companies Act, 1965 ("Capital Reduction"). The Share Consolidation will be implemented after the Capital Reduction. In determining the shareholders' entitlements pursuant to the Share Consolidation, fractional entitlements will be disregarded and will be dealt with in such manner as the Board of Directors of VVB shall in its absolute discretion think fit and expedient or in the best interest of VVB. The securities of VVB will remain suspended until completion of the proposed restructuring scheme. This announcement is dated 2 July 2014. |
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