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Aug 19, 2016

Type Announcement
Subject OTHERS
Description

PROPOSED DISPOSAL OF 40% EQUITY INTEREST HELD IN KONSORTIUM LEBUHRAYA UTARA-TIMUR (KL) SDN BHD TO EMPLOYEES PROVIDENT FUND BOARD ("EPF") ("PROPOSED DISPOSAL")

The Board of Directors of Ekovest Berhad wishes to announce that the Company had on today received an expression of interest letter ("EOI") from EPF expressing its interest to enter into an exclusive negotiation with the Company on the Proposed Disposal.  The parties shall endeavour to finalise the terms and conditions in relation to the Proposed Disposal within twenty-one (21) market days from our acceptance to the EOI or such other extended date to be mutually agreed.  

Further announcement will be made in due course.

This announcement is dated 19 August 2016

 


Announcement Info

Company Name EKOVEST BERHAD
Stock Name EKOVEST
Date Announced 19 Aug 2016
Category General Announcement for PLC
Reference Number GA1-19082016-00091
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