Investor Relations

Bursa Announcements

Date : 30 November 2020

NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : OTHER ISSUE OF SECURITIES EASTLAND EQUITY BHD. ("EASTLAND" OR THE "COMPANY") PROPOSED SETTLEMENT OF RM10.99 MILLION DEBTS OWING TO LEE CHEE KIANG, ITS MANAGING DIRECTOR, VIA THE ISSUANCE OF 104,966,571 NEW ORDINARY SHARES IN EASTLAND ("SETTLEMENT SHARES") AT AN ISSUE PRICE OF RM0.1047 PER SETTLEMENT SHARE ("PROPOSED DEBT SETTLEMENT")

EASTLAND EQUITY BHD

Type Announcement
Subject NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
OTHER ISSUE OF SECURITIES
Description
EASTLAND EQUITY BHD. ("EASTLAND" OR THE "COMPANY")

PROPOSED SETTLEMENT OF RM10.99 MILLION DEBTS OWING TO LEE CHEE KIANG, ITS MANAGING DIRECTOR, VIA THE ISSUANCE OF 104,966,571 NEW ORDINARY SHARES IN EASTLAND ("SETTLEMENT SHARES") AT AN ISSUE PRICE OF RM0.1047 PER SETTLEMENT SHARE ("PROPOSED DEBT SETTLEMENT")

This announcement is dated 30 November 2020.

 

Reference is made to the announcement in relation to the Company's Proposed Debt Settlement dated 26 November 2020 ("Earlier Announcements). Unless otherwise stated, defined terms in this announcement shall carry the same meanings as defined in the Earlier Announcements.

 

On behalf of the Board, AmInvestment Bank wishes to announce that the additional listing application in relation to the Proposed Debt Settlement had been submitted to Bursa Securities today. 






Announcement Info

Company Name EASTLAND EQUITY BHD
Stock Name EASTLND
Date Announced 30 Nov 2020
Category General Announcement for PLC
Reference Number GA1-30112020-00056


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