Pimpinan Ehsan Bhd has obtained a High Court order confirming the company’s proposed share capital reduction and repayment, marking a key step in its planned distribution and delisting proposals.
The company said the High Court granted the order on Aug 6, 2026, pursuant to Section 116 of the Companies Act 2016.
The share capital reduction and repayment will take effect once an office copy of the High Court order is lodged with the Registrar of Companies, in accordance with Section 116(6) of the Act.
Pimpinan Ehsan said the entitlement date for the share capital reduction and repayment will be announced at a later date.
The proposals comprise a distribution and the subsequent delisting of the company from Bursa Malaysia.
