Bursa Filings


Practice Note 17 / Guidance Note 3 : Regularisation Plan

Back Oct 23, 2024

 

Type Announcement
Subject PRACTICE NOTE 17 / GUIDANCE NOTE 3
REGULARISATION PLAN
Description CAPITAL A BERHAD ("CAPITAL A"OR THE "COMPANY")

PROPOSED REGULARISATION PLAN

On behalf of the Board of Directors of Capital A, RHB Investment Bank Berhad wishes to announce that the Company is proposing to undertake the following corporate proposal to regularise its financial condition in accordance with Paragraph 8.04(3) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad ("Proposed Regularisation Plan"): 

 

(a) proposed reduction of the issued share capital of the Company of up to RM6,000.0 million pursuant to Section 116 of the Companies Act 2016 to set-off the accumulated losses of the Group ("Proposed Capital Reduction").

 

Further details of the Proposed Regularisation Plan are set out in the attachment below.

 

 

This announcement is dated 23 October 2024.

 

Please refer attachment below.

 


Announcement Info

Company Name CAPITAL A BERHAD
Stock Name CAPITALA
Date Announced 23 Oct 2024
Category General Announcement for PLC
Reference Number GA1-23102024-00029

Attachments

  1. Capital_A_-_Requisite_Announcement_dated_23_October_2024_20241023.pdf (Size: 1,035,965 bytes)