CORPORATE ANNOUNCEMENTS
General Announcement for PLC
Reference No: GA1-13042017-00069
 
Company Name : ECM LIBRA FINANCIAL GROUP BERHAD
Stock Name : ECM
Date Announced : 13/04/2017
Type : Announcement
Subject : OTHERS
Description : Article titled "ECM Libra yet to identify M&A target"
Announcement Details/Table Section :

We refer to the news article titled "ECM Libra yet to identify M&A target" in The Edge Financial Daily published today.

We wish to advise that on 7 December 2016 the Company had submitted a proposal to the Standing Cabinet Appointed Procurement Committee, Minister of Transport & Civil Aviation, Sri Lanka, for the establishment and operation of an airport hotel at Bandaranaike International Airport, Katunayake, Sri Lanka. As of today, the Company has not been awarded the project.

In the event that the project is awarded to the Company, the award is non-binding as it is subject to further evaluation/due diligence and contract negotiations.


This announcement is dated 13 April 2017.

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