CIRCULAR TO SHAREHOLDERS IN RELATION TO THE PROPOSED SETTLEMENT OF THE OUTSTANDING DEBT OWING BY OPTIMAL PROPERTY MANAGEMENT SDN BHD ("OPM"), A WHOLLY-OWNED SUBSIDIARY OF BINTAI KINDEN CORPORATION BERHAD ("BKCB") OF RM23,397,091.37 TO HANDAL JAYABINA SDN BHD VIA THE ISSUANCE AND ALLOTMENT OF 31,800,000 NEW ORDINARY SHARES IN BKCB, 28,500 NEW ORDINARY SHARES IN OPM AND CASH PAYMENTS AMOUNTING TO RM886,091

Circular/Notice to Shareholders

BINTAI KINDEN CORPORATION BERHAD

Subject

CIRCULAR TO SHAREHOLDERS IN RELATION TO THE PROPOSED SETTLEMENT OF THE OUTSTANDING DEBT OWING BY OPTIMAL PROPERTY MANAGEMENT SDN BHD ("OPM"), A WHOLLY-OWNED SUBSIDIARY OF BINTAI KINDEN CORPORATION BERHAD ("BKCB") OF RM23,397,091.37 TO HANDAL JAYABINA SDN BHD VIA THE ISSUANCE AND ALLOTMENT OF 31,800,000 NEW ORDINARY SHARES IN BKCB, 28,500 NEW ORDINARY SHARES IN OPM AND CASH PAYMENTS AMOUNTING TO RM886,091

Announcement Info