TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS): NON RELATED PARTY TRANSACTIONS EA HOLDINGS BERHAD ("EAH" OR THE "COMPANY") I. PROPOSED ACQUISITION BY EAH OF 875,000 ORDINARY SHARES OF RM1.00 EACH IN DDSB (M) SDN BHD ("DDSB") REPRESENTING 35% EQUITY INTEREST IN DDSB FOR A TOTAL PURCHASE CONSIDERATION OF RM18,000,000 TO BE FULLY SATISFIED BY THE ISSUANCE OF 120,000,000 NEW ORDINARY SHARES OF RM0.10 EACH IN EAH ("EAH SHARE(S)" OR "SHARE(S)") AT AN ISSUE PRICE OF RM0.15 PER EAH SHARE ("PROPOSED ACQUISITION"); II. PROPOSED INCREASE IN THE AUTHORISED SHARE CAPITAL OF EAH FROM RM50,000,000 COMPRISING 500,000,000 EAH SHARES TO RM100,000,000 COMPRISING 1,000,000,000 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 | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS |
| Description | EA HOLDINGS BERHAD ("EAH" OR THE "COMPANY") I. PROPOSED ACQUISITION BY EAH OF 875,000 ORDINARY SHARES OF RM1.00 EACH IN DDSB (M) SDN BHD ("DDSB") REPRESENTING 35% EQUITY INTEREST IN DDSB FOR A TOTAL PURCHASE CONSIDERATION OF RM18,000,000 TO BE FULLY SATISFIED BY THE ISSUANCE OF 120,000,000 NEW ORDINARY SHARES OF RM0.10 EACH IN EAH ("EAH SHARE(S)" OR "SHARE(S)") AT AN ISSUE PRICE OF RM0.15 PER EAH SHARE ("PROPOSED ACQUISITION"); II. PROPOSED INCREASE IN THE AUTHORISED SHARE CAPITAL OF EAH FROM RM50,000,000 COMPRISING 500,000,000 EAH SHARES TO RM100,000,000 COMPRISING 1,000,000,000 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") |
We refer to our earlier announcement dated 8 August 2012. On behalf of the Board of Directors of EAH, OSK Investment Bank Berhad wishes to announce that the listing application for the 120,000,000 new EAH Shares to be issued pursuant to the Proposed Acquisition had been submitted to Bursa Malaysia Securities Berhad on 29 August 2012. | |
Announcement Info
| Company Name | EA HOLDINGS BERHAD (ACE Market) |
| Stock Name | EAH |
| Date Announced | 29 Aug 2012 |
| Category | General Announcement |
| Reference No | OI-120829-62310 |