Investor Relations

Bursa Announcements

Date : 08 February 2013

OTHERS EASTLAND EQUITY BHD (Formerly known as Furqan Business Organisation Berhad) (“EEB” or “the Company”) - Letter of Demand from CIMB Bank Berhad

EASTLAND EQUITY BHD

TypeAnnouncement
SubjectOTHERS
DescriptionEASTLAND EQUITY BHD (Formerly known as Furqan Business Organisation Berhad) (“EEB” or “the Company”)
- Letter of Demand from CIMB Bank Berhad

Reference is made to the Company’s announcements made on 27 December 2012, 4 January 2013 and 7 February 2013 respectively pertaining to CIMB Bank Berhad (“CIMB”) demand from FBO Land (Setapak) Sdn. Bhd. (“FBO Setapak””), a wholly owned subsidiary of the Company, for the repayment of the total sum of RM3,148,497.33 as at 11 October 2012 together with continuing interest thereon.

The Company wishes to further announce that there is no financial effect on the Proposed Settlement except for the interest of 2% per annum above the Bank’s BLR on the outstanding sum from 1 March 2013.

 



Announcement Info

Company NameEASTLAND EQUITY BHD  
Stock Name EASTLND    
Date Announced8 Feb 2013  
CategoryGeneral Announcement
Reference NoCA-130208-CAE2E

Back