Notice of SBB by a Company Pursuant to Section 127 (16) of CA 2016

BackMay 13, 2020
Date of buy back from 17 Mar 2020
Date of buy back to 27 Mar 2020
Currency Malaysian Ringgit (MYR)
Total number of shares purchased (units) 5,700,000
Minimum price paid for each share purchased ($$) 0.110
Maximum price paid for each share purchased ($$) 0.145
Total amount paid for shares purchased ($$) 733,537.70
The name of the stock exchange through which the shares were purchased Bursa Malaysia Securities Berhad
Number of shares purchased retained in treasury (units) 5,700,000
Total number of shares retained in treasury (units) 44,700,047
Number of shares purchased which were cancelled (units) 0
Total issued capital as diminished 0
Date of Notice 30 Mar 2020
Date lodged with registrar of companies 13 May 2020
Lodged by Tricor Corporate Services Sdn Bhd

Remarks :

The Notice of Share Buyback by a Company pursuant to Section 127(16) of the Companies Act 2016 dated 30 March 2020 is only lodged with Registrar of Companies when Companies Commission of Malaysia ("CCM")'s office re-opens today, 13 May 2020, because it had been closed since the implementation of Movement Control Order in Malaysia from 18 March 2020. Therefore, making lodgement within 14 days from the purchase of the shares is not possible. The CCM had advised that statutory filings could only be made when CCM re-opens its office.


Announcement Info

Company Name SALCON BERHAD
Stock Name SALCON
Date Announced 13 May 2020
Category Notice of Shares Buy Back by a Company Pursuant to Section 127 (16) of CA 2016
Reference Number SB2-30032020-00008