| Type | Announcement |
| Subject | MULTIPLE PROPOSALS |
| Description | EKOVEST BERHAD (“EKOVEST” OR THE “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”); (II) PROPOSED INCREASE IN AUTHORISED SHARE CAPITAL (“PROPOSED IASC”) OF THE COMPANY (COLLECTIVELY REFERRED TO AS “PROPOSALS”) |
(Unless otherwise stated, all abbreviations used herein shall have the same meanings as those mentioned in the announcement dated 30 January 2012.) We refer to the announcement dated 30 January 2012 in relation to the above matter. On behalf of the Board of Directors of the Company, CIMB Investment Bank Berhad (“CIMB”) wishes to announce that the Company together with the WK Shareholders had on even date, mutually agreed to extend the period for the fulfillment of the conditions precedent of the Share Exchange Agreement for a period of six (6) months from 30 July 2012 up to 30 January 2013. This announcement is dated 18 July 2012. |
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| Company Name | EKOVEST BERHAD |
| Stock Name | EKOVEST |
| Date Announced | 18 Jul 2012 |
| Category | General Announcement |
| Reference No | MM-120718-64413 |