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OTHERS MMC CORPORATION BERHAD ("MMC" OR "COMPANY") PROPOSED SELECTIVE CAPITAL REDUCTION AND REPAYMENT EXERCISE OF MMC PURSUANT TO SECTION 116 OF THE COMPANIES ACT 2016 ("PROPOSED SCR")

MMC CORPORATION BERHAD

Type Announcement
Subject OTHERS
Description
MMC CORPORATION BERHAD ("MMC" OR "COMPANY")

PROPOSED SELECTIVE CAPITAL REDUCTION AND REPAYMENT EXERCISE OF MMC PURSUANT TO SECTION 116 OF THE COMPANIES ACT 2016 ("PROPOSED SCR")

Unless otherwise defined, the definitions used in this announcement shall have the same meanings as those defined in the announcements made on 3 June 2021 and 22 June 2021 (“Announcements”).

 

We refer to the Company’s Announcements in relation to the Proposed SCR.

 

On behalf of the Board, RHB Investment Bank wishes to announce that on 14 July 2021 the Offeror has granted the Company an extension of time to no later than 5.00pm on 30 August 2021 (“Extension of Time”) for the Company to respond to the Offeror with its decision as to whether or not to implement and to recommend the Proposed SCR to the Entitled Shareholders for their consideration, based on the terms set out in the SCR Offer Letter.

 

Save for the Extension of Time, all other terms and conditions as stated in the SCR Offer Letter remains unchanged.

 

This announcement is dated 14 July 2021.






Announcement Info

Company Name MMC CORPORATION BERHAD
Stock Name MMCCORP
Date Announced 14 Jul 2021
Category General Announcement for PLC
Reference Number GA1-14072021-00073




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