| Type | Announcement |
| Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) RELATED PARTY TRANSACTIONS |
| 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”); AND (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 in relation to the Proposals.) We refer to the announcements dated 30 January 2012 and 18 July 2012 in relation to the Proposals. On behalf of the Company, CIMB Investment Bank Berhad is pleased to announce that the Government had vide its letter dated 5 November 2012 approved the change in the ultimate shareholders of Kesturi, the concession holder of the DUKE pursuant to the Proposed Share Exchange. This announcement is dated 6 November 2012.
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| Company Name | EKOVEST BERHAD |
| Stock Name | EKOVEST |
| Date Announced | 6 Nov 2012 |
| Category | General Announcement |
| Reference No | MM-121106-46338 |