Greens I,Tropicana Golf & Country Resort, Jalan Kelab Tropicana, 47410 Petaling Jaya, Selangor Darul Ehsan
Description
Extraordinary General Meeting in relation to the following proposals:- (I) PROPOSED DISPOSALS OF 100% EQUITY INTEREST IN GREAT WALL PLASTIC INDUSTRIES BERHAD AND 100% EQUITY INTEREST IN GW PACKAGING SDN BHD BY GW PLASTICS HOLDINGS BERHAD (“GW PLASTICS”) TO SCIENTEX PACKAGING FILM SDN BHD FOR A TOTAL CASH CONSIDERATION OF RM283.200 MILLION (“PROPOSED DISPOSALS”); (II) PROPOSED DISTRIBUTION OF THE CASH PROCEEDS ARISING FROM THE PROPOSED DISPOSALS TO ALL THE ENTITLED SHAREHOLDERS OF GW PLASTICS (“PROPOSED DISTRIBUTION”); AND (III) PROPOSED AMENDMENTS TO THE MEMORANDUM AND ARTICLES OF ASSOCIATION OF GW PLASTICS TO FACILITATE THE PROPOSED DISTRIBUTION (“PROPOSED M&A AMENDMENTS”)