Reason | Pursuant to an Order of Court dated 21 July 1999 vide Kuala Lumpur High Court Originating Petition No.D3-26-4-1998, the share capital of Niaga Lima Sdn Bhd was reduced from RM4,150,786.00 divided into 4,150,786 shares of RM1.00 each to RM3,424,398.00 divided into 3,424,398 shares of RM1.00 each by the cancellation of 726,388 shares of RM1.00 each previously registered in the name of Yeo Ban Hun. The said cancellation was purportedly effected via a Board Resolution dated 16 September 1999 and the copy of the Order lodged at the Registry of Companies on 13 September 1999. |