| Registrar ||
BINA MANAGEMENT (M) SDN BHD
Lot 10, The Highway Centre
| Description || Capital reduction and repayment of the existing ordinary shares in Sinotop Holdings Berhad ("Sinotop") ("Proposed Capital Reduction and Repayment") |
| Remark || The Proposed Capital Reduction and Repayment would cancel RM0.14 from each existing ordinary share of Sinotop ("Sinotop Share"), of which RM0.1249 from each Sinotop Share would be set-off against the accumulated losses of Sinotop and RM0.0151 from each Sinotop Share would be repaid to the shareholders of Sinotop.
The trading of Sinotop Shares on the Main Market of Bursa Malaysia Securities Berhad will not be suspended for the purpose of the Capital Repayment. Sinotop's shareholders are not required to take any action in respect of the Capital Repayment.
This announcement is dated 16 March 2017. |