Bursa Announcements
Date : 03 October 2019
NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING EASTLAND EQUITY BERHAD ("EASTLAND" OR THE "COMPANY") PROPOSED PRIVATE PLACEMENT OF UP TO 10% OF THE TOTAL NUMBER OF ISSUED SHARES OF EASTLAND IN ACCORDANCE WITH THE GENERAL MANDATE PURSUANT TO SECTION 75 AND SECTION 76 OF THE COMPANIES ACT, 2016 ("PROPOSED PRIVATE PLACEMENT")
| EASTLAND EQUITY BHD |
| Type | Announcement |
| Subject | NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) FUND RAISING |
| Description | EASTLAND EQUITY BERHAD ("EASTLAND" OR THE "COMPANY")
PROPOSED PRIVATE PLACEMENT OF UP TO 10% OF THE TOTAL NUMBER OF ISSUED SHARES OF EASTLAND IN ACCORDANCE WITH THE GENERAL MANDATE PURSUANT TO SECTION 75 AND SECTION 76 OF THE COMPANIES ACT, 2016 ("PROPOSED PRIVATE PLACEMENT") |
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On behalf of the Board of Directors of Eastland (“Board”), AmInvestment Bank Berhad (“AmInvestment Bank”) wishes to announce that Eastland is proposing to undertake a private placement of up to 10% of the total number of issued shares of the Company to be undertaken in accordance with the general mandate pursuant to Section 75 and Section 76 of the Companies Act, 2016 (“Act”) obtained from the shareholders of Eastland at its annual general meeting (“AGM”) convened on 27 May 2019 (“General Mandate”).
Kindly refer to the attachment for detail of the Proposed Private Placement. |
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Please refer attachment below.
Announcement Info
| Company Name | EASTLAND EQUITY BHD |
| Stock Name | EASTLND |
| Date Announced | 03 Oct 2019 |
| Category | General Announcement for PLC |
| Reference Number | GA1-03102019-00073 |
