Eastland Equity Bhd

EASTLAND EQUITY BHD

Type	Announcement
Subject	NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) FUND RAISING
Description	EASTLAND EQUITY BHD (�EEB� OR �THE COMPANY�) PROPOSED PRIVATE PLACEMENT OF UP TO 22,333,400 NEW ORDINARY SHARES OF RM0.50 EACH IN EEB, REPRESENTING APPROXIMATELY 10% OF THE ISSUED AND PAID-UP SHARE CAPITAL, TO INDEPENDENT THIRD PARTY INVESTORS TO BE IDENTIFIED (�PROPOSED PRIVATE PLACEMENT�)
On behalf of the Board of Directors of EEB (�Board�), M&A Securities Sdn Bhd (�M&A Securities�) wishes to announce that the Company proposes to implement a private placement of up to 22,333,400 new ordinary shares of RM0.50 each in EEB (�EEB Shares�) to independent third party investors to be identified at a later date. Further details of the Proposed Private Placement are disclosed in the attachment herein. This announcement is dated 12 September 2013.