MULTIPLE PROPOSALS EA HOLDINGS BERHAD ("EAH" OR THE "COMPANY") I. RIGHTS ISSUE WITH WARRANTS; II. INCREASE IN THE AUTHORISED SHARE CAPITAL; AND III. AMENDMENT (COLLECTIVELY REFERRED TO AS THE "CORPORATE EXERCISES")
EA HOLDINGS BERHAD |
Type | Announcement |
Subject | MULTIPLE PROPOSALS |
Description | EA HOLDINGS BERHAD ("EAH" OR THE "COMPANY") I. RIGHTS ISSUE WITH WARRANTS; II. INCREASE IN THE AUTHORISED SHARE CAPITAL; AND III. AMENDMENT (COLLECTIVELY REFERRED TO AS THE "CORPORATE EXERCISES") |
The terms used herein, unless the context otherwise stated, bear the same meaning as those defined in the earlier announcements in relation to the Corporate Exercises. We refer to the announcements of EAH made on 17 March 2014, 21 March 2014, 27 March 2014 and 29 April 2014. On behalf of the Board, RHB Investment Bank Berhad is pleased to announce that the Company had resolved to fix the exercise price of the Warrants C at RM0.12 per Warrant C pursuant to the Rights Issue with Warrants. The exercise price of RM0.12 per Warrant C represents a discount of approximately 14.3% to the theoretical ex-rights price of EAH Shares of RM0.14, calculated based on the five (5)-day weighted average market price of EAH Shares as traded on Bursa Malaysia Securities Berhad up to and including 8 May 2014 of RM0.18 per EAH Share. This announcement is dated 9 May 2014. |
Announcement Info
Company Name | EA HOLDINGS BERHAD (ACE Market) |
Stock Name | EAH |
Date Announced | 9 May 2014 |
Category | General Announcement |
Reference No | MI-140509-63999 |