MULTIPLE PROPOSALS EA HOLDINGS BERHAD ("EAH" OR THE "COMPANY") I. PROPOSED RENOUNCEABLE RIGHTS ISSUE OF UP TO 635,910,916 NEW ORDINARY SHARES OF RM0.10 EACH IN EAH ("EAH SHARE(S)" OR "SHARE(S)") ("RIGHTS SHARE(S)") ON THE BASIS OF ONE (1) RIGHTS SHARE FOR EVERY ONE (1) EXISTING EAH SHARE HELD, TOGETHER WITH UP TO 317,955,458 FREE DETACHABLE WARRANTS IN EAH ("WARRANT(S) C") ON THE BASIS OF ONE (1) FREE WARRANT C FOR EVERY TWO (2) RIGHTS SHARES SUBSCRIBED FOR, ON AN ENTITLEMENT DATE TO BE DETERMINED LATER ("PROPOSED RIGHTS ISSUE WITH WARRANTS"); II. PROPOSED INCREASE IN THE AUTHORISED SHARE CAPITAL OF EAH FROM RM100,000,000 COMPRISING 1,000,000,000 EAH SHARES TO RM250,000,000 COMPRISING 2,500,000,000 EAH SHARES ("PROPOSED INCREASE IN AUTHORISED SHARE CAPITAL"); AND III. PROPOSED AMENDMENT TO THE MEMORANDUM OF ASSOCIATION OF EAH ("PROPOSED AMENDMENT") (COLLECTIVELY REFERRED TO AS THE "PROPOSALS")
| EA HOLDINGS BERHAD |
| Type | Announcement |
| Subject | MULTIPLE PROPOSALS |
| Description | EA HOLDINGS BERHAD ("EAH" OR THE "COMPANY") I. PROPOSED RENOUNCEABLE RIGHTS ISSUE OF UP TO 635,910,916 NEW ORDINARY SHARES OF RM0.10 EACH IN EAH ("EAH SHARE(S)" OR "SHARE(S)") ("RIGHTS SHARE(S)") ON THE BASIS OF ONE (1) RIGHTS SHARE FOR EVERY ONE (1) EXISTING EAH SHARE HELD, TOGETHER WITH UP TO 317,955,458 FREE DETACHABLE WARRANTS IN EAH ("WARRANT(S) C") ON THE BASIS OF ONE (1) FREE WARRANT C FOR EVERY TWO (2) RIGHTS SHARES SUBSCRIBED FOR, ON AN ENTITLEMENT DATE TO BE DETERMINED LATER ("PROPOSED RIGHTS ISSUE WITH WARRANTS"); II. PROPOSED INCREASE IN THE AUTHORISED SHARE CAPITAL OF EAH FROM RM100,000,000 COMPRISING 1,000,000,000 EAH SHARES TO RM250,000,000 COMPRISING 2,500,000,000 EAH SHARES ("PROPOSED INCREASE IN AUTHORISED SHARE CAPITAL"); AND III. PROPOSED AMENDMENT TO THE MEMORANDUM OF ASSOCIATION OF EAH ("PROPOSED AMENDMENT") (COLLECTIVELY REFERRED TO AS THE "PROPOSALS") |
The terms used herein, unless the context otherwise stated, bear the same meaning as those defined in the earlier announcement in relation to the Proposals. We refer to the announcement made by RHB Investment Bank Berhad ("RHBIB"), on behalf of the Board of Directors of EAH ("Board"), on 17 March 2014. On behalf of the Board, RHBIB wishes to announce that the listing application pursuant to the Proposals have been submitted to Bursa Malaysia Securities Berhad on even date. This announcement is dated 21 March 2014. | |
Announcement Info
| Company Name | EA HOLDINGS BERHAD (ACE Market) |
| Stock Name | EAH |
| Date Announced | 21 Mar 2014 |
| Category | General Announcement |
| Reference No | MI-140321-56183 |