SPX3,761.09-22.19 -0.59%
DIA300.87-1.92 -0.63%
IXIC11,108.13-40.51 -0.36%

BRIEF-G Neptune's Shareholders Approved Regularisation Plan

BRIEF-G Neptune's Shareholders Approved Regularisation Plan

Reuters · 09/13/2022 10:45
BRIEF-G Neptune's Shareholders Approved Regularisation Plan

- G Neptune Bhd GNET.KL:

  • SHAREHOLDERS OF G NEPTUNE APPROVED ITS REGULARISATION PLAN

  • SHAREHOLDERS APPROVED PROPOSED CONSOLIDATION OF EVERY 10 EXISTING G NEPTUNE’S SHARES INTO ONE SHARE

  • PROPOSED PRIVATE PLACEMENT RAISING AT LEAST 108.6 MILLION RGT

  • SHAREHOLDERS APPROVED PROPOSED DEBT SETTLEMENT OF 3.1 MILLION RGT TO AN EXECUTIVE DIRECTOR VIA ISSUANCE OF 20.67 MILLION SHARES

Source text for Eikon: ID:

Further company coverage: GNET.KL


((Reuters.Briefs@thomsonreuters.com;))