NPC

Capital Repayment

NPC RESOURCES BERHAD

Entitlement subject Capital Repayment
Entitlement description
Selective capital reduction and repayment exercise of NPC Resources Berhad ("NPC") pursuant to Section 116 of the Companies Act 2016 ("SCR") at RM2.82 per ordinary share in NPC
Ex-Date 17 Jun 2025
Entitlement date 18 Jun 2025
Entitlement time 5:00 PM
Financial Year End
Share transfer book & register of members will be  to  closed from (both dates inclusive) for the purpose of determining the entitlement
Payment Date 26 Jun 2025
a.Securities transferred into the Depositor's Securities Account before 4:30 pm in respect of transfers 18 Jun 2025
b.Securities deposited into the Depositor's Securities Account before 12:30 pm in respect of securities exempted from mandatory deposit
c. Securities bought on the Exchange on a cum entitlement basis according to the Rules of the Exchange.
Number of new shares/securities issued (units)
(If applicable)
Entitlement indicator Currency
Announced currency Malaysian Ringgit (MYR)
Disbursed currency Malaysian Ringgit (MYR)
Entitlement in Currency Malaysian Ringgit (MYR) 2.8200

Par Value (if applicable)
Registrar or Service Provider name, address, telephone no BOARDROOM SHARE REGISTRARS SDN BHD
11th Floor, Menara Symphony
No. 5, Jalan Prof. Khoo Kay Kim (Jalan Semangat)

Seksyen 13

46200 Petaling Jaya

Selangor

Malaysia

Tel:0378904700
Fax:0378904670


Remarks :
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.


Announcement Info

Company Name NPC RESOURCES BERHAD
Stock Name NPC
Date Announced 03 Jun 2025
Category Entitlement(Notice of Book Closure)
Reference Number ENT-03062025-00015
Corporate Action ID MY250603CAPD0001


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