FOTRONICS CORPORATION BERHAD (ACE Market) (0071, FONICS)
DateAug 09 2012
|PRACTICE NOTE 17 / GUIDANCE NOTE 3|
|FOTRONICS CORPORATION BERHAD (“FONICS” OR THE “COMPANY”)|
• PROPOSED ACQUISITIONS;
• PROPOSED SCHEME OF ARRANGEMENT;
• PROPOSED ISSUANCE OF SHARES;
• PROPOSED OFFER FOR SALE;
• PROPOSED TRANSFER OF LISTING STATUS; AND
• PROPOSED DISPOSAL OF FONICS
(COLLECTIVELY REFERRED TO AS “PROPOSED RESTRUCTURING SCHEME”)
Announcement Details/Table Section :
We refer to the announcement dated 10 July 2012 wherein M&A Securities Sdn Bhd (“M&A Securities”) had announced on behalf of the Board of Directors of Fonics that Bursa Malaysia Securities Berhad (“Bursa Securities”) had vide its letter dated 10 July 2012 rejected the Proposed Restructuring Scheme.
On behalf of the Board of Directors of Fonics, M&A Securities wishes to announce that the appeal to Bursa Securities in relation to the Proposed Restructuring Scheme has been submitted on 9 August 2012.
This announcement is dated 9 August 2012.