Additional Listing Announcement /Subdivision of Shares
| EASTERN & ORIENTAL BERHAD |
1. Details of Corporate Proposal |
|
| Involve issuance of new type/class of securities ? | No |
| Types of corporate proposal | Acquisitions |
| Details of corporate proposal | ACQUISITION OF THE REMAINING 10% EQUITY INTEREST IN PERMAIJANA RIBU (M) SDN BHD ("PRSB") BY BRIDGECREST RESOURCES SDN BHD ("BRSB"), AN INDIRECT WHOLLY-OWNED SUBSIDIARY OF EASTERN & ORIENTAL BERHAD ("E&O"), FOR A PURCHASE CONSIDERATION OF RM13,796,643.06 TO BE SATISFIED VIA A COMBINATION OF CASH PAYMENT AND ISSUANCE OF NEW ORDINARY SHARES IN E&O |
| No. of shares issued under this corporate proposal | 19,796,958 |
| Issue price per share ($$) | Malaysian Ringgit (MYR) 0.6760 |
| Par Value($$) (if applicable) | |
Latest issued share capital after the above corporate proposal in the following |
|
| Units | 1,476,738,479 |
| Issued Share Capital ($$) | Malaysian Ringgit (MYR) 1,535,184,710.450 |
| Listing Date | 30 Nov 2021 |
Announcement Info
| Company Name | EASTERN & ORIENTAL BERHAD |
| Stock Name | E&O |
| Date Announced | 29 Nov 2021 |
| Category | Additional Listing Announcement /Subdivision of Shares |
| Reference Number | ALA-29112021-00008 |