MUH - MUH-Trading Halt
Announcement Type: Listing Circular
| Company Name | MULTI-USAGE HOLDINGS BERHAD |
| Stock Name | MUH |
| Date Announced | 15 Dec 2014 |
| Category | Listing Circular |
| Reference No | BL-141215-49926 |
LISTING'S CIRCULAR NO. L/Q : 72157 OF 2014
Kindly be advised that trading in the above Company's shares will be halted with effect from 2.30 p.m., Monday, 15 December 2014.
Trading in the shares will resume with effect from 3.30 p.m., Monday, 15 December 2014.
Your attention is drawn to the Company's announcement dated 15 December 2014.
MUH - MATERIAL LITIGATION
Announcement Type: General Announcement
| Company Name | MULTI-USAGE HOLDINGS BERHAD |
| Stock Name | MUH |
| Date Announced | 15 Dec 2014 |
| Category | General Announcement |
| Reference No | CC-141215-0BCD6 |
| Type | Announcement |
| Subject | MATERIAL LITIGATION |
| Description | Penang High Court Civil Suit No. 22NCVC-180-12/2014 : Ang Kim Cheng @ Ang Teng Kok & 4 Ors (the "Plaintiffs") Vs Tan Seik Lang & 13 Ors (the "Defendants") |
The details of the announcement is as per attached file.
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TECNIC - Circular/Notice to Shareholders
Announcement Type: Document Receipt
| Company Name | TECNIC GROUP BERHAD |
| Stock Name | TECNIC |
| Date Announced | 15 Dec 2014 |
| Category | Document Receipt |
| Reference No | JM-141215-52309 |
| Subject | CIRCULAR TO SHAREHOLDERS IN RELATION TO THE PART A (I) PROPOSED DISPOSALS OF TECNIC GROUP BERHAD'S ("TECNIC") ENTIRE EQUITY INTERESTS IN PLASTICTECNIC (M) SDN BHD, SUN TONG SENG MOULD-TECH SDN BHD AND BANGI PLASTICS SDN BHD TO SKP RESOURCES BHD ("SKP") FOR A TOTAL DISPOSAL CONSIDERATION OF RM200.0 MILLION TO BE SATISFIED VIA RM100.0 MILLION IN CASH ("CASH PROCEEDS ") AND ISSUANCE OF 172,413,793 NEW ORDINARY SHARES OF RM0.10 EACH IN SKP ("SKP SHARE(S)") AT AN ISSUE PRICE OF RM0.58 PER SKP SHARE ("CONSIDERATION SHARES") ("PROPOSED DISPOSALS"); (II) PROPOSED DISTRIBUTION OF 95% OF THE CASH PROCEEDS WHICH AMOUNTS TO RM95.0 MILLION AND ANY CASH BALANCES OF TECNIC AND ITS SUBSIDIARIES AS AT THE ENTITLEMENT DATE TO BE DETERMINED LATER ("CASH DISTRIBUTION"), TOGETHER WITH THE CONSIDERATION SHARES TO THE ENTITLED SHAREHOLDERS OF TECNIC ("PROPOSED DISTRIBUTION"); AND (III) PROPOSED AMENDMENT TO THE MEMORANDUM OF ASSOCIATION OF TECNIC TO FACILITATE THE PROPOSED REDUCTION OF THE PAR VALUE OF ORDINARY SHARES OF RM1.00 EACH IN TECNIC ("TECNIC SHARE(S)") BY CANCELLATION OF RM0.90 OF THE PAR VALUE OF EVERY THEN EXISTING TECNIC SHARES HELD AT AN ENTITLEMENT DATE TO BE DETERMINED AND ANNOUNCED LATER ("PROPOSED CAPITAL REDUCTION") ("PROPOSED AMENDMENT") (COLLECTIVELY REFERRED TO AS THE "PROPOSALS") PART B INDEPENDENT ADVICE LETTER FROM KAF INVESTMENT BANK BERHAD TO THE NON-INTERESTED SHAREHOLDERS OF TECNIC IN RELATION TO THE PROPOSALS |
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