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OTHERS NOVA WELLNESS GROUP BERHAD ("NOVA" OR THE "COMPANY") (I) PROPOSED TRANSFER; AND (II) PROPOSED AMENDMENTS (COLLECTIVELY REFERRED TO AS THE "PROPOSALS")

NOVA WELLNESS GROUP BERHAD

Type Announcement
Subject OTHERS
Description
NOVA WELLNESS GROUP BERHAD ("NOVA" OR THE "COMPANY")

(I) PROPOSED TRANSFER; AND 

(II) PROPOSED AMENDMENTS

(COLLECTIVELY REFERRED TO AS THE "PROPOSALS")

We refer to the announcements made on 7 September 2020 and 11 September 2020 in relation to the Proposals ("Announcements"). Unless otherwise defined, the definition set out in the Announcements shall apply herein. 

 

On behalf of the Board, Kenanga IB wishes to inform that the SC had, vide its letter dated 7 January 2021, approved the Proposed Transfer and the resultant equity structure pursuant to the Proposed Transfer under Section 214(1) of the Capital Markets and Services Act 2007 and under the equity requirement for public listed companies. 

 

Further, in compliance with subparagraph 2A.2 under Practice Note 22 of the Main Market Listing Requirements of Bursa Securities, additional information on the Company is set out in the enclosed attachment. 

 

This announcement is dated 7 January 2021. 




Please refer attachment below.



Announcement Info

Company Name NOVA WELLNESS GROUP BERHAD
Stock Name NOVA
Date Announced 07 Jan 2021
Category General Announcement for PLC
Reference Number GA1-07012021-00047




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