Bursa
Announcements

Multiple Proposals

May 22, 2014

Type Announcement
Subject MULTIPLE PROPOSALS
Description EKOVEST BERHAD ("EKOVEST" OR THE “COMPANY")

- ACQUISITION;

- SHARE SPLIT;

- RIGHTS ISSUE WITH WARRANTS;

- ESOS; AND

- AMENDMENTS TO M&A.


(COLLECTIVELY THE “PROPOSALS”)

Reference is made to the announcements on 29 January 2014, 26 February 2014, 28 March 2014, 5 May 2014, 8 May 2014 and 16 May 2014 in relation to the Proposals (“Announcements”). For consistency, the abbreviations and definitions used throughout this announcement are the same as those previously defined in the Announcements.

On behalf of the Board of Directors of Ekovest, AmInvestment Bank Berhad is pleased to announce that all conditions precedent stipulated in the SSA entered into in relation to the Acquisition have been fulfilled (wherein it was mutually agreed by the Vendor and Purchasers that the completion by Ekovest of the Rights Issue With Warrants exercise will not be required) and accordingly, the Acquisition is now deemed unconditional.

This announcement is dated 22 May 2014.

 


Announcement Info

Company Name EKOVEST BERHAD  
Stock Name EKOVEST    
Date Announced 22 May 2014  
Category General Announcement
Reference No MB-140519-63755
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