MULTIPLE PROPOSALS VSOLAR GROUP BERHAD (VSOLAR OR THE COMPANY) PROPOSED RIGHTS ISSUE WITH WARRANTS; PROPOSED ESOS; PROPOSED IASC; AND PROPOSED AMENDMENTS (COLLECTIVELY REFERRED TO AS PROPOSALS)

VSOLAR GROUP BERHAD

Type Announcement
Subject MULTIPLE PROPOSALS
Description
VSOLAR GROUP BERHAD (VSOLAR OR THE COMPANY)

	PROPOSED RIGHTS ISSUE WITH WARRANTS; 
	PROPOSED ESOS;
	PROPOSED IASC; AND
	PROPOSED AMENDMENTS

(COLLECTIVELY REFERRED TO AS PROPOSALS)

Reference is made to the announcements dated 8 December 2014, 9 January 2015 and 29 May 2015, 17 September 2015, 7 October 2015 and 22 January 2016 in relation to the Proposals. For consistency, the abbreviations used throughout this announcement are the same as those in the previous announcements.

Further to Bursa Securities’ letter dated 3 February 2016 approving Vsolar’s application of extension of time up to 28 September 2016, M&A Securities, on behalf of the Board of Directors of Vsolar wishes to announce that an application for a further extension of time of six (6) months up to 28 March 2017 to complete the Proposed Rights Issue with Warrants has been submitted to Bursa Securities.

 

This announcement is dated 21 July 2016.






Announcement Info

Company Name VSOLAR GROUP BERHAD
Stock Name VSOLAR
Date Announced 21 Jul 2016
Category General Announcement for PLC
Reference Number GA1-21072016-00036