June 15, 2012

Company announcements: ECM, KENANGA

ECM - MULTIPLE PROPOSALS

Announcement Type: General Announcement
Submitting Merchant Bank: ECM LIBRA INVESTMENT BANK BERHAD
Company Name: ECM LIBRA FINANCIAL GROUP BERHAD
Stock Name: ECM
Date Announced: 15/06/2012

Announcement Detail:
Type: Announcement

Subject: MULTIPLE PROPOSALS

Description: ECM LIBRA FINANCIAL GROUP BERHAD ("ECMLFG" OR THE "COMPANY")
• Proposed Disposal;
• Proposed Business Merger;
• Proposed Capital Repayment;
• Proposed Share Split; and
• Proposed Share Consolidation,
(collectively referred to as the "Proposals")

Attachments: ECMLFG Announcement (15.6.12).pdf


KENANGA - OTHERS

Announcement Type: General Announcement
Submitting Merchant Bank: RHB INVESTMENT BANK BERHAD
Company Name: K & N KENANGA HOLDINGS BERHAD
Stock Name: KENANGA
Date Announced: 15/06/2012

Announcement Detail:
Type: Announcement

Subject: OTHERS

Description: K & N KENANGA HOLDINGS BERHAD ("KENANGA HOLDINGS" or "COMPANY")

(I) PROPOSED ACQUISITION BY KENANGA INVESTMENT BANK BERHAD ("KIBB") OF THE ENTIRE ISSUED AND PAID-UP SHARE CAPITAL OF ECM LIBRA INVESTMENT BANK BERHAD ("EIBB") FROM ECM LIBRA FINANCIAL GROUP BERHAD ("ECMLFG") FOR AN AGGREGRATE PURCHASE CONSIDERATION OF RM875,114,000 (SUBJECT TO POST-CLOSING ADJUSTMENT) ("PROPOSED ACQUISITION"); AND

(II) PROPOSED BUSINESS MERGER OF THE BUSINESSES OF KIBB AND EIBB ("PROPOSED BUSINESS MERGER").

(COLLECTIVELY REFERRED TO AS THE "PROPOSALS")

Attachments: Kenanga Holdings Announcement 2012-06-15.pdf


No comments:

Post a Comment