Bursa Announcements
Date : 24 April 2019
NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING EASTLAND EQUITY BHD ("EASTLAND" OR "COMPANY") PROPOSED ISSUANCE OF UP TO 20% OF THE TOTAL NUMBER OF ISSUED ORDINARY SHARES IN EASTLAND ("PROPOSED SHARE ISSUANCE")
| EASTLAND EQUITY BHD |
| Type | Announcement |
| Subject | NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) FUND RAISING |
| Description | EASTLAND EQUITY BHD ("EASTLAND" OR "COMPANY")
PROPOSED ISSUANCE OF UP TO 20% OF THE TOTAL NUMBER OF ISSUED ORDINARY SHARES IN EASTLAND ("PROPOSED SHARE ISSUANCE") |
|
On behalf of the Board of Directors of Eastland, RHB Investment Bank Berhad wishes to announce that the Company proposes to undertake a proposed issuance of up to 20% of the total number of issued ordinary shares in Eastland (“Shares”). The Company had on 24 April 2019 entered into a conditional share subscription agreement with Lee Chee Kiang, the Managing Director of Eastland, for the proposed issuance of 25,000,000 Subscription Shares, representing approximately 10.18% of the total number of issued Shares. Further details of the Proposed Share Issuance are as attached.
This announcement is dated 24 April 2019. |
|
Please refer attachment below.
Announcement Info
| Company Name | EASTLAND EQUITY BHD |
| Stock Name | EASTLND |
| Date Announced | 24 Apr 2019 |
| Category | General Announcement for PLC |
| Reference Number | GA1-24042019-00105 |
