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OTHERS AMLEX HOLDINGS BERHAD ("AMLEX" OR THE "COMPANY") PROPOSED WITHDRAWAL OF AMLEX'S LISTING FROM THE LEAP MARKET OF BURSA MALAYSIA SECURITIES BERHAD PURSUANT TO RULES 8.05 AND 8.06 OF THE LEAP MARKET LISTING REQUIREMENTS

AMLEX HOLDINGS BERHAD

Type Announcement
Subject OTHERS
Description
AMLEX HOLDINGS BERHAD ("AMLEX" OR THE "COMPANY")

PROPOSED WITHDRAWAL OF AMLEX'S LISTING FROM THE LEAP MARKET OF BURSA MALAYSIA SECURITIES BERHAD PURSUANT TO RULES 8.05 AND 8.06 OF THE LEAP MARKET LISTING REQUIREMENTS

Unless otherwise defined, the definitions set out in the announcement dated 27 May 2022 shall apply herein.

 

On behalf of the Board, M&A Securities wishes to announce that, after due and careful consideration, the Board has decided to abort the Proposed Withdrawal of Listing.

 

The decision of the Board was arrived at as a result of not being able to procure 100% written undertaking letters from all the Minority Shareholders, confirming that they undertake the following:

 

(a)     they will waive all their rights in respect of the Exit Offer and the Appointment of IA pursuant to the Proposed Withdrawal of Listing;

 

(b)     they will vote in favour of the resolution for the Proposed Withdrawal of Listing to be tabled at an EGM to be convened; and

 

(c)      they will continue to hold and will not dispose of, transfer or reduce their existing shareholding in Amlex until the completion of the Proposed Withdrawal of Listing,

 

In view of the above, the Company was not able to proceed with the Proposed Withdrawal of Listing. The Board shall deliberate on the next course of action.

This announcement is dated 23 August 2022.






Announcement Info

Company Name AMLEX HOLDINGS BERHAD
Stock Name AMLEX
Date Announced 23 Aug 2022
Category General Announcement for PLC
Reference Number GA1-23082022-00066



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