Proposed Cash Subscription Of Up To RM35 Million In Nominal Value Of Redeemable Secured Junior Sukuk To Be Issued By Konsortium Lebuhraya Utara-Timur (KL) Sdn Bhd ("Kesturi") ("Proposed Subscription")
Jul 23, 2010
Date Announced
:
23/07/2010
Type
:
Announcement
Subject
:
EKOVEST BERHAD (“EKOVEST” OR “COMPANY”)
PROPOSED CASH SUBSCRIPTION OF UP TO RM35 MILLION IN NOMINAL VALUE OF REDEEMABLE SECURED JUNIOR SUKUK TO BE ISSUED BY KONSORTIUM LEBUHRAYA UTARA-TIMUR (KL) SDN BHD (“KESTURI”) (“PROPOSED SUBSCRIPTION”)
Contents
:
On behalf of Ekovest, CIMB Investment Bank Berhad ("CIMB") wishes to announce that Ekovest had today, entered into a placement agreement with Kesturi and CIMB for the Proposed Subscription.
Please find the details of the announcement as attached.