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VIZTEL SOLUTIONS BHD VIZTEL (0050)

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last updated: 14-Jun-2011 12:00 AM
Company: VIZTEL SOLUTIONS BHD
Date Announced: 28-Jan-2011
Subject: VIZTEL SOLUTIONS BERHAD (“VIZTEL” OR THE “COMPANY”) • PROPOSED ACQUISITION; • PROPOSED SHARE EXCHANGE; • PROPOSED ISSUANCE OF SHARES; • PROPOSED OFFER FOR SALE; AND • PROPOSED TRANSFER OF LISTING STATUS (COLLECTIVELY REFERRED TO AS “PROPOSED RESTRUCTURING SCHEME”)
Content: (The abbreviations used herein have the same meaning as those defined in the Company's announcements dated 1 March 2010, 23 April 2010 and 17 December 2010) Reference is made to the announcements dated 1 March 2010, 23 April 2010 and 17 December 2010 in relation to the Proposed Restructuring Scheme. On behalf of the Board of Viztel, M&A Securities wishes to announce that Bursa Securities had vide its letter dated 28 January 2011 approved the Proposed Restructuring Scheme (including the admission of Systech to the Official List of Bursa Securities and the listing of and quotation for the entire enlarged issued and paid-up share capital of Systech of up to 319,250,020 Systech Shares). Kindly refer to the attachment for further details. This announcement is dated 28 January 2011.
Attachment: viztel Bursa approval_ann.pdf
29-Apr-2011 OTHERS
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