Investor Relations

Bursa Announcements

Date : 17 November 2020

TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : RELATED PARTY TRANSACTIONS EASTLAND EQUITY BHD. ("THE COMPANY" OR "EEB") - PROPOSED ACQUISITION OF DEVELOPMENT RIGHTS

EASTLAND EQUITY BHD

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
RELATED PARTY TRANSACTIONS
Description
EASTLAND EQUITY BHD. ("THE COMPANY" OR "EEB")
- PROPOSED ACQUISITION OF DEVELOPMENT RIGHTS

The terms used herein shall have the same meaning as those defined in the announcement released on 18 August 2020 unless otherwise stated.

 

We refer to the announcement in relation to the Proposed Acquisition of Development Rights released on 18 August 2020.

 

The Board of Directors of EEB wishes to announce that FBO had on 16 November 2020 received a written request from IWSB for an extension of time for a period of 90 days from 18 November 2020 to 15 February 2021 to obtain/fulfil the Conditions Precedent (Extension Sought).

 

On 17 November 2020, FBO had agreed to grant IWSB the Extension Sought.

 

Save for the Extension Sought, all other terms and conditions as stated in the CSPA remain unchanged.

 

This announcement is dated 17 November 2020.






Announcement Info

Company Name EASTLAND EQUITY BHD
Stock Name EASTLND
Date Announced 17 Nov 2020
Category General Announcement for PLC
Reference Number GA1-16112020-00053


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