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Company announcements

Date: 26 April 2018

Bonus Issue of Warrants and Acquisition


 

i) Bonus issue of up to 1,596,354,405 warrants in EAH ("Warrant(s) E") on the basis of five (5) free Warrants E for every 16 existing ordinary shares of EAH ("EAH Shares") ("Bonus Issue of Warrants"); and

ii) Acquisition by EAH of 90.0% equity interest of Sunland Volonte Agency Sdn. Bhd. ("SUNLAND"), comprising 225,000 ordinary shares for a purchase consideration of RM78,750,000 to be satisfied via a combination of cash payment of RM15,000,000 and the issuance and allotment of 1,593,750,000 new ordinary shares of EAH at the issue price of RM0.04 per EAH Share ("Consideration Shares") ("Acquisition").

______________________________________________________________________________

Kindly be advised that EAH's:

i) 1,087,061,194 Warrants E issued pursuant to the Bonus Issue of Warrants  will be admitted  to the Official List of Bursa Securities and the listing and quotation of the Warrants E on the ACE Market will be granted with effect from 9.00 a.m., Friday, 27 April 2018.

The Stock Short Name, Stock Number and ISIN Code of the Warrants E are "EAH-WE", "0154WE" and "MYQ0154WEX47".

ii)  additional  1,593,750,000  new ordinary shares  issued  pursuant  to  the  aforesaid   Acquisition will be granted listing and quotation with effect from 9.00 a.m., Friday, 27 April 2018.

 



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