Bursa Announcements
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 |
| 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. | |
Announcement Info
| Company Name | EASTLAND EQUITY BHD |
| Stock Name | EASTLND |
| Date Announced | 12 Sept 2013 |
| Category | General Announcement |
| Reference No | OS-130912-64162 |
