OPCOM Holdings Berhad

Circular/Notice to Shareholders

OPCOM HOLDINGS BERHAD

Subject

CIRCULAR TO SHAREHOLDERS IN RELATION TO THE: PART A - (I) PROPOSED ACQUISITION OF 5,390,000 ORDINARY SHARES IN TRANSGRID VENTURES SDN BHD ("TVSB"), REPRESENTING 49.0% EQUITY INTEREST IN TVSB FOR A TOTAL PURCHASE CONSIDERATION OF UP TO RM98.0 MILLION TO BE SATISFIED BY A COMBINATION OF CASH AND NEW ORDINARY SHARES IN OPCOM ("PROPOSED ACQUISITION"); AND (II) PROPOSED DIVERSIFICATION OF THE BUSINESS ACTIVITIES OF OPCOM AND ITS SUBSIDIARIES TO INCLUDE POWER GENERATION AND TRANSMISSION BUSINESSES ("PROPOSED DIVERSIFICATION") (COLLECTIVELY REFERRED TO AS THE "PROPOSALS"); PART B - PROPOSED CHANGE OF THE COMPANYS NAME FROM "OPCOM HOLDINGS BERHAD" TO "HEXTAR CAPITAL BERHAD"; AND PART C - (I) PROPOSED RENEWAL OF EXISTING SHAREHOLDERS' MANDATE FOR RECURRENT RELATED PARTY TRANSACTIONS OF A REVENUE OR TRADING NATURE; AND (II) PROPOSED NEW SHAREHOLDERS' MANDATE FOR RECURRENT RELATED PARTY TRANSACTIONS OF A REVENUE OR TRADING NATURE

Please refer attachment below.

Attachments

Opcom Holdings Berhad - Circular (Part 1).pdf
2.2 MB

Opcom Holdings Berhad - Circular (Part 2).pdf
2.6 MB

Opcom - Administrative Guide.pdf
135.0 kB

Announcement Info

Company Name	OPCOM HOLDINGS BERHAD
Stock Name	OPCOM
Date Announced	09 Nov 2023
Category	Document Submission
Reference Number	DCS-09112023-00001