TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS): NON RELATED PARTY TRANSACTIONS EA HOLDINGS BERHAD ("EAH" OR THE "COMPANY") I. 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 ("ACQUISITION"); II. 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 ("INCREASE IN AUTHORISED SHARE CAPITAL"); AND III. 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. 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 ("ACQUISITION"); II. 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 ("INCREASE IN AUTHORISED SHARE CAPITAL"); AND III. 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 announcements in relation to the Proposals. We refer to our earlier announcements dated 8 August 2012 and 29 August 2012, 19 October 2012 and 23 November 2012. |
Announcement Info
Company Name | EA HOLDINGS BERHAD (ACE Market) |
Stock Name | EAH |
Date Announced | 26 Nov 2012 |
Category | General Announcement |
Reference No | OI-121126-60902 |