MULTIPLE PROPOSALS EA HOLDINGS BERHAD ("EAH" OR THE "COMPANY") I. PROPOSED CAPITAL REDUCTION; AND II. PROPOSED RIGHTS ISSUE WITH WARRANTS (COLLECTIVELY REFERRED TO AS THE "PROPOSALS")
EA HOLDINGS BERHAD |
Type | Announcement |
Subject | MULTIPLE PROPOSALS |
Description | EA HOLDINGS BERHAD ("EAH" OR THE "COMPANY") I. PROPOSED CAPITAL REDUCTION; AND II. PROPOSED RIGHTS ISSUE WITH WARRANTS (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 announcements in relation to the Proposals. We refer to the announcements made by RHB Investment Bank Berhad ("RHBIB"), on behalf of the Board of Directors of EAH ("Board"), on 25 January 2017, 20 March 2017, 21 March 2017 and 1 June 2017 as well as the announcement of the Company on 6 July 2017. On behalf of the Board, RHBIB wishes to announce that further to approval being obtained from shareholders of EAH for the Proposals at the extraordinary general meeting of the Company held on 6 July 2017, EAH had on 6 July 2017 filed a petition to the High Court of Malaya in Kuala Lumpur ("High Court") to obtain the confirmation of the High Court for the Proposed Capital Reduction pursuant to Section 115(a) read together with Section 116 of the Companies Act, 2016 ("Petition"). The outcome of the Petition will be announced in due course.
This announcement is dated 6 July 2017. |
Announcement Info
Company Name | EA HOLDINGS BERHAD |
Stock Name | EAH |
Date Announced | 06 Jul 2017 |
Category | General Announcement for PLC |
Reference Number | GA1-06072017-00044 |