Bursa Announcements
Date : 04 January 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 |
Type | Announcement |
Subject | OTHERS |
Description | EASTLAND 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 announcement made on 27 December 2012 pertaining to CIMB Bank Berhad (“CIMB”) demand from The Company wishes to announce that the management had a meeting with CIMB on 3 January 2013. CIMB had in principle agreed to the Company’s proposed term of settlement and agreed to withhold further legal action upon receipt of official letter of proposal. The Company had on 4 January 2013 submitted the settlement proposal to CIMB. |
Announcement Info
Company Name | EASTLAND EQUITY BHD |
Stock Name | EASTLND |
Date Announced | 4 Jan 2013 |
Category | General Announcement |
Reference No | CA-130104-40177 |