Reference is made to the Company’s announcement dated 4 March 2022 and 8 March 2022 in relation to the Proposals (“Announcement”). Unless otherwise defined, the definitions used in this announcement shall have the same meanings as previously defined in the Announcement.
On behalf of the Board, HLIB wishes to announce that the SC had, vide its letter dated 26 July 2022, approved the Proposed Transfer Listing under Section 214(1) of the Capital Markets and Services Act 2007 and under the Bumiputera equity requirement for public listed companies in relation to the resultant equity structure of OpenSys pursuant to the Proposed Transfer Listing.
Further, in compliance with Paragraph 2A.2 of Practice Note 22 of the Main Market Listing Requirements of Bursa Securities, additional information on the Company is set out in the attachment.
This announcement is dated 27 July 2022.