MULTIPLE PROPOSALS IRE-TEX CORPORATION BERHAD ("ITCB" OR THE "COMPANY") (I) PROPOSED PAR VALUE REDUCTION; (II) PROPOSED AMENDMENTS; (III) PROPOSED PRIVATE PLACEMENT; AND (IV) PROPOSED ESOS; (COLLECTIVELY REFERRED TO AS THE "PROPOSALS") AND (V) PROPOSED RATIFICATION

IRE-TEX CORPORATION BERHAD

Type Announcement
Subject MULTIPLE PROPOSALS
Description
IRE-TEX CORPORATION BERHAD ("ITCB" OR THE "COMPANY")    
(I) PROPOSED PAR VALUE REDUCTION; (II) PROPOSED AMENDMENTS; (III) PROPOSED PRIVATE PLACEMENT; AND (IV) PROPOSED ESOS; (COLLECTIVELY REFERRED TO AS THE "PROPOSALS")
AND
(V) PROPOSED RATIFICATION

We refer to the announcements dated 21 October 2016 and 27 October 2016 in relation to the Proposals and the Proposed Ratification. Unless otherwise stated, all definitions used in the previous announcements shall apply herein.

On behalf of the Board, SJ Securities wishes to announce that the Board has decided to abort the Proposals pending further review.

The Board will make such further announcements on the Proposed Ratification as well as its plans pertaining to the Proposals upon completion of such further review.

 

This announcement is dated 28 December 2016. 






Announcement Info

Company Name IRE-TEX CORPORATION BERHAD
Stock Name IRETEX
Date Announced 28 Dec 2016
Category General Announcement for PLC
Reference Number GA1-28122016-00047