| Type | Announcement |
| Subject | OTHERS |
| Description | EKOVEST BERHAD (“EKOVEST” OR “COMPANY”) PROPOSED IMPLEMENTATION OF THE EXTENSION TO THE DUTA-ULU KELANG EXPRESSWAY PURSUANT TO THE SUPPLEMENTAL CONCESSION AGREEMENT ENTERED INTO BETWEEN KONSORTIUM LEBUHRAYA UTARA-TIMUR (KL) SDN BHD AND THE GOVERNMENT OF MALAYSIA (“PROPOSED DUKE PHASE-2”) |
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(Unless otherwise stated, definitions used in this announcement shall carry the same meanings as defined in the circular to the shareholders of Ekovest dated 26 March 2013.) We refer to the circular to the shareholders of Ekovest dated 26 March 2013 and the announcement dated 9 May 2013. Following the completion of the Proposed Share Exchange on 9 May 2013, Ekovest now holds 70% equity interest in Kesturi, the concession holder of the DUKE. The Company had disclosed in its circular to its shareholders dated 26 March 2013 of the Company’s intention to seek its shareholders’ approval for the Proposed DUKE Phase-2 once details of the financing arrangement for the Proposed DUKE Phase-2 have been finalised. On behalf of the Company, CIMB Investment Bank Berhad wishes to announce that the circular to seek Ekovest’s shareholders approval in relation to the Proposed DUKE Phase-2 has been submitted to Bursa Malaysia Securities Berhad today for its clearance. This announcement is dated 23 September 2013. |
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| Company Name | EKOVEST BERHAD |
| Stock Name | EKOVEST |
| Date Announced | 23 Sept 2013 |
| Category | General Announcement |
| Reference No | MM-130923-65505 |