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Subdivision / Consolidation of Shares (Chapter 13 Of Listing Requirements)

Back Mar 15, 2018
Type Announcement
Subject SUBDIVISION / CONSOLIDATION OF SHARES (CHAPTER 13 OF LISTING REQUIREMENTS)
Description

IDIMENSION CONSOLIDATED BERHAD ("ICB" OR THE "COMPANY")

(I) PROPOSED CAPITAL REDUCTION; AND

(II) PROPOSED SHARE CONSOLIDATION

(collectively, the "Proposals")

For consistency purposes, the abbreviations and definitions used throughout this announcement shall have the same meanings as those previously defined in the Company’s announcement dated 7 March 2018 in relation to the Proposals.

 

We refer to the Company’s announcement dated 7 March 2018 in relation to the Proposals.

On behalf of the Board, KAF IB wishes to announce that Bursa Securities had, vide its letter dated 15 March 2018, approved the following:-

(i) Proposed Share Consolidation;

(ii) Listing and quotation of up to 123,731,032 Consolidated Warrants arising from the adjustments pursuant to the Proposed Share Consolidation; and

(iii) Listing and quotation of up to 123,731,032 Consolidated Shares to be issued pursuant to the exercise of the Consolidated Warrants.

Following this approval, ICB/KAF IB is required to make the relevant announcements pursuant to Rules 6.57(2)(ii) and (iii) of the Listing Requirements.

 

This announcement is dated 15 March 2018.





Announcement Info

Company Name IDIMENSION CONSOLIDATED BHD
Stock Name IDMENSN
Date Announced 15 Mar 2018
Category General Announcement for PLC
Reference Number GA1-15032018-00096