PINEPAC

0.460

(%)

OTHERS PINEHILL PACIFIC BERHAD ("PINEPAC" OR THE "COMPANY") (I) SELECTIVE CAPITAL REDUCTION AND REPAYMENT EXERCISE OF PINEPAC PURSUANT TO SECTION 116 OF THE COMPANIES ACT 2016 ("SCR"); AND (II) VARIATION TO THE UTILISATION OF PROCEEDS FROM THE DISPOSAL OF THE PERAK PLANTATION TO FUND THE SCR ("VARIATION")

PINEHILL PACIFIC BERHAD

Type Announcement
Subject OTHERS
Description 
PINEHILL PACIFIC BERHAD ("PINEPAC" OR THE "COMPANY") 

(I)	SELECTIVE CAPITAL REDUCTION AND REPAYMENT EXERCISE OF PINEPAC PURSUANT TO SECTION 116 OF THE COMPANIES ACT 2016 ("SCR"); AND 

(II)	VARIATION TO THE UTILISATION OF PROCEEDS FROM THE DISPOSAL OF THE PERAK PLANTATION TO FUND THE SCR ("VARIATION")

We refer to the announcements dated 31 July 2025, 4 August 2025, 8 August 2025, 28 August 2025, 29 September 2025, 22 October 2025, 26 November 2025, 14 January 2026, 12 March 2026, 16 March 2026 and 17 March 2026 in relation to the SCR and Variation. Unless otherwise defined, the definitions set out in the previous announcements shall apply herein.

 

On behalf of the Board, UOBKH wishes to announce that an office copy of the sealed High Court Order dated 12 March 2026 has been lodged with the Registrar of Companies on 1 April 2026. Accordingly, the resolution for the SCR as confirmed by the High Court Order has taken effect on 1 April 2026 pursuant to subsection 116(6) of the Act.

 

The payment of the SCR Offer Price to the Entitled Shareholders will be made on 10 April 2026.

 

This announcement is dated 1 April 2026.



Announcement Info

Company Name PINEHILL PACIFIC BERHAD
Stock Name PINEPAC
Date Announced 01 Apr 2026
Category General Announcement for PLC
Reference Number GA1-01042026-00077


View original announcement