CORPORATE ANNOUNCEMENTS
Additional Listing Announcement
Reference No: ALA-30042018-00006
Company Name : ECM LIBRA FINANCIAL GROUP BERHAD
Stock Name : ECM
Date Announced : 16/05/2018
1. Details of Corporate Proposal
Involve issuance of new type/class of securities ? No
Types of corporate proposal Acquisitions
Details of corporate proposal ISSUANCE OF 160,205,555 NEW ORDINARY SHARES IN ECM LIBRA FINANCIAL GROUP BERHAD ("ECMLFG") ("SHARES") AT AN ISSUE PRICE OF RM0.36 PER SHARE TO SATISFY THE CONSIDERATION OF RM57,674,000 PURSUANT TO THE PROPOSED ACQUISITION OF 50% EQUITY INTEREST IN TP SEPANG SDN BHD, TP INTERNATIONAL PTY LTD, YUMMY KITCHEN SDN BHD AND 40.005% EQUITY INTEREST IN TP HOTEL (FLINDERS) TRUST (TOGETHER WITH 40.005% OF THE RIGHTS AND BENEFITS TO THE TOTAL ADVANCES OWING BY TP HOTEL (FLINDERS) TRUST)
No. of shares issued under this
160,205,555
Issue price per share ($$) Malaysian Ringgit (MYR) 0.3600
Par Value($$) (if applicable) Date of change
Latest issued share capital after the above corporate proposal in the following
Units : 446,798,046
Issued Share Capital ($$) : Malaysian Ringgit (MYR) 95,619,860.740
Listing Date : 17 May 2018
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