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News

Transactions (Chapter 10 Of Listing Requirements): Related Party Transactions

Jan 30, 2012

Date Announced

30/01/2012

Type

Announcement

Subject

TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
RELATED PARTY TRANSACTIONS

Description

EKOVEST BERHAD (“EKOVEST” OR “COMPANY”)

(I) PROPOSED TRANSFER OF 100% OF THE ORDINARY SHARES OF RM1.00 EACH IN WIRA KRISTAL SDN BHD (“WIRA KRISTAL”) IN EXCHANGE FOR NEW ORDINARY SHARES OF RM1.00 EACH IN EKOVEST (“PROPOSED SHARE EXCHANGE”); AND

(II) PROPOSED INCREASE IN AUTHORISED SHARE CAPITAL (“PROPOSED IASC”) OF THE COMPANY

(COLLECTIVELY REFERRED TO AS THE “PROPOSALS”)

Announcement Details/Table Section :

On behalf of the Board of Directors of Ekovest ("Board"), CIMB Investment Bank Berhad wishes to announce that the Board proposes to undertake the Proposals.

Please refer to the attachments below for further details of the Proposals.

This announcement is dated 30 January 2012.

Attachments

EB300112a.pdf (Size: 141,213 bytes)
EB300112b.pdf (Size: 47,031 bytes)

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