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Date : 12 June 2014

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

TypeAnnouncement
SubjectMULTIPLE PROPOSALS
DescriptionEA 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, 29 April 2014 and 9 May 2014.

On behalf of the Board, RHB Investment Bank Berhad wishes to announce that as at the close of acceptance and payment for the Rights Issue with Warrants at 5.00 p.m. on 10 June 2014, the total acceptances and excess applications for the Rights Issue with Warrants were 602,092,863 Rights Shares, which represents an over-subscription of 41.61% over the total number of 425,176,500 Rights Shares available for subscription under the Rights Issue with Warrants.

The details of the acceptances and excess applications received as at the close of acceptance and payment for the Rights Issue with Warrants as at 5.00 p.m. on 10 June 2014 are set out below:-

 

No. of Rights Shares

%

Acceptances

414,187,663

97.42

Excess applications

187,905,200

44.19

Total acceptances and excess applications

602,092,863

141.61

Total Rights Shares available for subscription

425,176,500

100.00

Over-subscription

176,916,363

41.61

The Board has applied the following basis in allocating the Excess Rights Shares with Warrants, in accordance with the Abridged Prospectus dated 26 May 2014:-

i.                    Firstly, to minimise the incidence of odd lots;

ii.                   Secondly, for allocation to Entitled Shareholders who have applied for the excess Rights Shares with Warrants C, on a pro-rata basis and in board lot, calculated based on their respective shareholdings in the Company as at the Entitlement Date;

iii.                 Thirdly, for allocation to Entitled Shareholders who have applied for the excess Rights Shares with Warrants C, on a pro-rata basis and in board lot, calculated based on the quantum of excess Rights Shares with Warrants C applied for; and

iv.                  Finally, for allocation to renouncees who have applied for the excess Rights Shares with Warrants C, on a pro-rata basis and in board lot, calculated based on the quantum of excess Rights Shares with Warrants C applied for.

This announcement is dated 12 June 2014.

 

 

 

 

 

 

 

 

 

 



Announcement Info

Company NameEA HOLDINGS BERHAD (ACE Market) 
Stock Name EAH    
Date Announced12 Jun 2014  
CategoryGeneral Announcement
Reference NoMI-140612-45141

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