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Date : 12 September 2013

NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS): FUND RAISING 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”)

EASTLAND EQUITY BHD

TypeAnnouncement
SubjectNEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
FUND RAISING
DescriptionEASTLAND 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.

Attachments

Eastland Ann.pdf
209 KB



Announcement Info

Company NameEASTLAND EQUITY BHD  
Stock Name EASTLND    
Date Announced12 Sept 2013  
CategoryGeneral Announcement
Reference NoOS-130912-64162

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