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MULTIPLE PROPOSALS GOPENG BERHAD ("GOPENG" OR THE "COMPANY") I. PROPOSED BONUS ISSUE; AND II. PROPOSED DIVERSIFICATION (COLLECTIVELY REFERRED TO AS THE "PROPOSALS")

GOPENG BERHAD

Type Announcement
Subject MULTIPLE PROPOSALS
Description
GOPENG BERHAD ("GOPENG" OR THE "COMPANY")
I.	PROPOSED BONUS ISSUE; AND
II.	PROPOSED DIVERSIFICATION
(COLLECTIVELY REFERRED TO AS THE "PROPOSALS")

On behalf of the Board of Directors of Gopeng (“Board”), UOB Kay Hian Securities (M) Sdn Bhd (“UOBKH”) wishes to announce that the Company proposes to undertake the following:-

  1. an issuance of up to 134,496,726 new ordinary shares in Gopeng (“Bonus Share(s)”) on the basis of 1 Bonus Share for every 2 existing ordinary shares held in Gopeng (“Gopeng Share(s)” or “Share(s)”) held on an entitlement date to be determined and announced later by the Board (“Entitlement Date”) (“Proposed Bonus Issue”); and
  2. a diversification of the existing principal activities of Gopeng and its subsidiaries (“Gopeng Group” or “Group”) to include renewable energy business (“Proposed Diversification”).

The Proposed Bonus Issue and Proposed Diversification are collectively referred to as the “Proposals”.

 

Further details of the Proposals are set out in the attachment below.

 

 

This announcement is dated 3 May 2021.




Please refer attachment below.



Announcement Info

Company Name GOPENG BERHAD
Stock Name GOPENG
Date Announced 03 May 2021
Category General Announcement for PLC
Reference Number GA1-03052021-00083




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