English
The Reasonable independent director
MSWG AGMEGM Weekly Watch Sept 2-6, 2019
MSWG Weekly Newsletter August 23 August 2019
MINTYE BERHAD ("MINTYE" OR "COMPANY")
PROPOSED SELECTIVE CAPITAL REDUCTION AND REPAYMENT EXERCISE OF MINTYE PURSUANT TO SECTION 116 OF THE COMPANIES ACT 2016 ("PROPOSED SCR")
The Board of Directors of Mintye (“Board”) wishes to announce that the Company has today received a letter from its controlling shareholder, Yatee & Sons Sdn Bhd (“Yatee” or “Offeror”), requesting the Company to undertake a selective capital reduction and repayment exercise pursuant to Section 116 of the Companies Act 2016 ("SCR Offer Letter").The Proposed SCR entails a selective capital reduction and a corresponding capital repayment of a proposed cash amount of RM1.30 for each ordinary share in Mintye held by all the shareholders of Mintye (other than Yatee and the persons acting in concert with them) whose names appear in the Record of Depositors of Mintye as at the close of business on an entitlement date to be determined and announced later by the Board.
MSWG Weekly Newsletter 16 August 2019 (English)
16.08.2019
CEO’S MESSAGE
Genting Malaysia Bhd (GenM) – the Role of Directors
MSWG Weekly Watch August 17-23, 2019
Companies lacking in internal measures to prevent corruption
MSWG Weekly Watch August 12-16, 2019
Genting Malaysia's RPT a triple whammy for minority shareholders
MSWG Weekly Newsletter 09 August 2019 (English)
09.08.2019
ANALYST’S MESSAGE
GENTING MALAYSIA BERHAD - Another roller coaster ride for the minority shareholders
Background
I. PROPOSED ACQUISITION BY GENM OF SHARES IN EMPIRE RESORTS, INC., FROM KIEN HUAT REALTY III LIMITED ("KH")
II. PROPOSED JOINT VENTURE BETWEEN GENM AND KH TO PRIVATISE EMPIRE RESORTS, INC. ("EMPIRE")