ONEGLOVE: CIRCULAR TO SHAREHOLDERS IN RELATION TO PART A: I. PROPOSED SETTLEMENT OF DEBTS OWING TO ADA CAPITAL INVESTMENTS LIMITED, THE MAJOR SHAREHOLDER OF ONE GLOVE GROUP BERHAD ("ONE GLOVE" OR THE "COMPANY"), AMOUNTING TO RM45,840,000 VIA THE ISSUANCE OF 191,000,000 NEW REDEEMABLE CONVERTIBLE PREFERENCE SHARES IN ONE GLOVE ("RCPS") AT THE ISSUE PRICE OF RM0.24 PER RCPS ("PROPOSED DEBT SETTLEMENT"); AND II. PROPOSED AMENDMENTS TO THE CONSTITUTION OF ONE GLOVE TO FACILITATE THE ISSUANCE OF THE RCPS UNDER THE PROPOSED DEBT SETTLEMENT ("PROPOSED AMENDMENTS"); PART B: INDEPENDENT ADVICE LETTER TO THE NON-INTERESTED SHAREHOLDERS OF ONE GLOVE IN RELATION TO THE PROPOSED DEBT SETTLEMENT
ONEGLOVE: CIRCULAR TO SHAREHOLDERS IN RELATION TO PART A: I. PROPOSED SETTLEMENT OF DEBTS OWING TO ADA CAPITAL INVESTMENTS LIMITED, THE MAJOR SHAREHOLDER OF ONE GLOVE GROUP BERHAD ("ONE GLOVE" OR THE "COMPANY"), AMOUNTING TO RM45,840,000 VIA THE ISSUANCE
ONEGLOVE:致股东的通函,涉及如下内容:A部分: I.拟议因一手套集团贝尔哈德("一手套"或"公司")的主要股东ADA Capital Investments Limited所拥有的债务45,840,000马来西亚令吉,以发行价0.24马来西亚令吉每股的191,000,000股新可转换赎回优先股("RCPS")结清("拟议债务结算");和II.拟议修改一手套公司章程,以便在拟议债务结算下发行RCPS("拟议修改") B部分:一手套公司非关联股东的独立建议函,关于拟议债务结算