Bursa Announcements
Date : 29 January 2026
MULTIPLE PROPOSALS EURO HOLDINGS BERHAD ("EURO" OR "COMPANY") (I) PROPOSED ACQUISITION; (II) PROPOSED DEBT SETTLEMENT; (III) PROPOSED PRIVATE PLACEMENT; (IV) PROPOSED RIGHTS ISSUE; (V) PROPOSED EXEMPTION 1; (VI) PROPOSED EXEMPTION 2; AND (VII) PROPOSED EXEMPTION 3 (COLLECTIVELY REFERRED TO AS "PROPOSALS")
| EURO HOLDINGS BERHAD |
| Type | Announcement |
| Subject | MULTIPLE PROPOSALS |
| Description | EURO HOLDINGS BERHAD ("EURO" OR "COMPANY")
(I) PROPOSED ACQUISITION;
(II) PROPOSED DEBT SETTLEMENT;
(III) PROPOSED PRIVATE PLACEMENT;
(IV) PROPOSED RIGHTS ISSUE;
(V) PROPOSED EXEMPTION 1;
(VI) PROPOSED EXEMPTION 2; AND
(VII) PROPOSED EXEMPTION 3
(COLLECTIVELY REFERRED TO AS "PROPOSALS") |
We refer to the announcements dated 6 March 2025, 5 May 2025, 12 December 2025, 16 December 2025, 31 December 2025 and 20 January 2026 in relation to the Proposals (“Announcements”). Unless otherwise defined, the definitions set out in the Announcements shall apply herein. On behalf of the Board, TA Securities wishes to announce that the Settlement Agreement has become unconditional on 19 January 2026 (“Unconditional Date”) in accordance with its terms and conditions. Pursuant to the Settlement Agreement, the Company shall allot and issue the Settlement Shares to Dato’ Sri Lim within 8 Market Days from the Unconditional Date, and shall cause the Settlement Shares to be listed and quoted on the Main Market of Bursa Securities not later than 5 Market Days from the date of such allotment and issuance, in order to facilitate completion of the Proposed Debt Settlement (“Completion”). Accordingly, the initial date of Completion shall be on or prior to 6 February 2026. In view that the completion of the Proposed Acquisition is intended to take place prior to or concurrently with the completion of the Proposed Debt Settlement (as set out in the Company’s circular to shareholders dated 16 December 2025), the Borrowers and the Lenders had, vide a supplemental letter dated 29 January 2026, mutually agreed to extend the period for the Completion for an additional 6 months, i.e. up to and including 6 August 2026. Save for the above, all the other terms and conditions of the Settlement Agreement shall remain unchanged and in full force and effect. This announcement is dated 29 January 2026. |
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Announcement Info
| Company Name | EURO HOLDINGS BERHAD |
| Stock Name | EURO |
| Date Announced | 29 Jan 2026 |
| Category | General Announcement for PLC |
| Reference Number | GA1-29012026-00012 |