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Date: 03 April 2018

MULTIPLE PROPOSALS EA HOLDINGS BERHAD ("EAH" OR THE "COMPANY") I. PROPOSED BONUS ISSUE OF WARRANTS; II. PROPOSED ACQUISITION; AND III. PROPOSED DIVERSIFICATION (COLLECTIVELY REFERRED TO AS THE "PROPOSALS")


Type Announcement
Subject MULTIPLE PROPOSALS
Description EA HOLDINGS BERHAD ("EAH" OR THE "COMPANY") I. PROPOSED BONUS ISSUE OF WARRANTS; II. PROPOSED ACQUISITION; AND III. PROPOSED DIVERSIFICATION (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 on 14 December 2017, 8 January 2018, 2 March 2018, 13 March 2018, 14 March 2018 and 29 March 2018 in relation to the Proposals.

 

On behalf of the Board of Directors of EAH, UOB Kay Hian Securities (M) Sdn Bhd is pleased to announce that the Company had resolved to fix the exercise price of Warrants E at RM0.035 each. The exercise price per Warrant E represents a discount of approximately 1.71% to the theoretical ex-all price of EAH Shares of RM0.03561, calculated based on the 5-day weighted average market price of EAH Shares as traded on Bursa Malaysia Securities Berhad up to and including 2 April 2018 of RM0.03580 per EAH Share.

 

This announcement is dated 3 April 2018.

 





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