Newsroom

Proposed Transfer

BackJul 02, 2024
Type Announcement
Subject OTHERS
Description

STEEL HAWK BERHAD ("STEEL HAWK" OR THE "COMPANY") PROPOSED TRANSFER

The terms used herein, unless the context otherwise stated, bear the same meaning as those defined in the earlier announcements in relation to the Proposed Transfer.

We refer to the earlier announcements dated 10 July 2023, 12 July 2023, 5 October 2023, 29 December 2023, 22 January 2024, 11 March 2024, 6 June 2024, 10 June 2024 and 1 July 2024 in relation to the Proposed Transfer.

On behalf of the Board, UOBKH wishes to announce that Bursa Securities had, vide its letter dated 1 July 2024, approved the application for the Proposed Withdrawal pursuant to the Proposed Transfer.

In this regard, UOBKH is required to furnish Bursa Securities with a letter ("UOBKH Confirmation Letter"), confirming the following:-

i. That the details of the shareholders of Steel Hawk, including their direct and indirect shareholdings (in number and percentage) as at 21 September 2023 as disclosed in UOBKH's letter dated 22 September 2023 remain unchanged as at the date of UOBKH's Confirmation Letter;

ii. That the requirements of Rule 8.06(1) of the LEAP Market Listing Requirements have been complied with or waived by Bursa Securities, as the case may be;

iii. Confirmation from UOBKH that all conditions, including conditions imposed by the relevant authorities which are required to be met prior to the delisting have been met; and

iv. Confirmation from UOBKH that there are no circumstances or facts which have the effect of preventing or prohibiting the delisting including any order, injunction or any other directive issued by any court of law.

Further, Steel Hawk is required to announce, 5 clear market days before the effective date of the suspension, the following:-

i. The trading in Steel Hawk Shares on the LEAP Market of Bursa Securities will be suspended from the date of allotment of the new Steel Hawk Shares to be issued pursuant to the Proposed Listing until the completion of the Proposed Listing; and

2. The effective date of suspension.

The delisting of Steel Hawk will take place after trading in Steel Hawk Shares has been suspended.

 

This announcement is dated 2 July 2024.




Announcement Info

Company Name STEEL HAWK BERHAD
Stock Name SKHAWK
Date Announced 02 Jul 2024
Category General Announcement for PLC
Reference Number GA1-02072024-00021