OTHERS SALUTICA BERHAD ("SALUTICA" OR THE "COMPANY") UPLIFTMENT OF MORATORIUM ON SHARES OF SALUTICA HELD BY THE PROMOTERS OF SALUTICA PURSUANT TO RULE 3.19(1B) OF THE ACE MARKET LISTING REQUIREMENTS OF BURSA MALAYSIA SECURITIES BERHAD

SALUTICA BERHAD

Type Announcement
Subject OTHERS
Description
SALUTICA BERHAD ("SALUTICA" OR THE "COMPANY")

UPLIFTMENT OF MORATORIUM ON SHARES OF SALUTICA HELD BY THE PROMOTERS OF SALUTICA PURSUANT TO RULE 3.19(1B) OF THE ACE MARKET LISTING REQUIREMENTS OF BURSA MALAYSIA SECURITIES BERHAD

On behalf of the board of directors of Salutica, RHB Investment Bank Berhad is pleased to announce that Bursa Malaysia Securities Berhad (“Bursa Securities”) had vide its letter dated 10 November 2016 approved the application for the upliftment of the moratorium imposed on the ordinary shares of RM0.10 each in Salutica (“Salutica Share(s)”) held by the promoters of Salutica, namely Blue Ocean Enlightenment Sdn Bhd and Genius Thinkers Sdn Bhd (“Promoters”) pursuant to Rule 3.19(1B) of the ACE Market Listing Requirements of Bursa Securities. For the avoidance of doubt, the Promoters are only permitted to sell their Salutica Shares after the expiry of the first six (6) months moratorium on 18 November 2016.

 

This announcement is dated 10 November 2016.






Announcement Info

Company Name SALUTICA BERHAD
Stock Name SALUTE
Date Announced 10 Nov 2016
Category General Announcement for PLC
Reference Number GA1-10112016-00041