EASTLND

0.145

(%)

Circular/Notice to Shareholders

EASTLAND EQUITY BHD

Subject EASTLAND EQUITY BHD. ("EASTLAND" OR THE "COMPANY") PROPOSED SETTLEMENT OF RM10.99 MILLION DEBTS OWING TO LEE CHEE KIANG, ITS MANAGING DIRECTOR, VIA THE ISSUANCE OF 104,966,571 NEW ORDINARY SHARES IN EASTLAND ("SETTLEMENT SHARES") AT AN ISSUE PRICE OF RM0.1047 PER SETTLEMENT SHARE ("PROPOSED DEBT SETTLEMENT")


Please refer attachment below.

Attachments

Eastland Equity - Circular.pdf
522.1 kB



Announcement Info

Company Name EASTLAND EQUITY BHD
Stock Name EASTLND
Date Announced 11 Feb 2021
Category Document Submission
Reference Number DCS-11022021-00001