Under the SCR, all the shareholders of NPC (other than Dato' Loo Pang Kee, Jubilant Ventures Sdn Bhd and Arthur Loo Cheng Kuan) whose names appear in the Record of Depositors of NPC as at the Entitlement Date (as set out above) ("Entitled Shareholders") will receive a cash amount of RM2.82 for each ordinary share in NPC ("NPC Share") held by them ("SCR Offer Price") on the Entitlement Date.

The settlement of the SCR Offer Price will be effected via electronic remittance to the Entitled Shareholders' bank accounts duly registered with Bursa Malaysia Depository Sdn Bhd ("Bursa Depository") for purposes of receiving electronic cash dividend payments ("eDividend Accounts") within 10 days from the Effective Date, being the date on which an office copy of the order granted by the High Court of Sabah and Sarawak on 23 May 2025 confirming the reduction of the issued share capital of NPC under Section 116 of the Companies Act 2016 ("Act") ("High Court Order") is lodged with the Registrar of Companies pursuant to Section 116(6) of the Act. For the Entitled Shareholders who do not maintain eDividend Accounts, the settlement of the SCR Offer Price will be effected via remittance in the form of cheques, banker's drafts and/or cashier's orders which will be despatched by ordinary mail to the Entitled Shareholders (or their designated agents, as they may direct) at the Entitled Shareholders' registered addresses last maintained with Bursa Depository at their own risk within 10 days from the Effective Date. 

For information purposes, an office copy of the High Court Order will be lodged with the Registrar of Companies pursuant to Section 116(6) of the Act on the Entitlement Date and consequently, the settlement of the SCR Offer Price will be effected on Thursday, 26 June 2025.

The trading of NPC Shares on the Main Market of Bursa Malaysia Securities Berhad ("Bursa Securities") will be suspended with effect from 9:00 a.m. on Tuesday, 17 June 2025, being one (1) market day prior to the Entitlement Date. Accordingly, the last date and time for trading of NPC Shares on the Main Market of Bursa Securities prior to the suspension will be at 5:00 p.m. on Monday, 16 June 2025.

NPC Shares will no longer be traded on the Main Market of Bursa Securities following its suspension on Tuesday, 17 June 2025. For the avoidance of doubt, the trading of NPC Shares will continue to be suspended until the delisting of NPC from the Official List of Bursa Securities following the completion of the SCR.

The notice to shareholders in relation to the suspension of trading of NPC Shares on the Main Market of Bursa Securities and the Entitlement Date for the SCR will be issued to the shareholders of NPC on Wednesday, 4 June 2025.

Any enquiries concerning this notice of book closure should be addressed to the Share Registrar of NPC at the abovementioned contact details.


This Announcement is dated 3 June 2025.