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【MBRIGHT 2097 交流专区】(前名 EASTLND)

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发表于 8-8-2014 03:27 AM | 显示全部楼层
想问这支股还有希望吗 ?
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发表于 12-8-2014 04:00 AM | 显示全部楼层
SUMMARY OF KEY FINANCIAL INFORMATION
30/06/2014
INDIVIDUAL PERIOD
CUMULATIVE PERIOD
CURRENT YEAR QUARTER
PRECEDING YEAR
CORRESPONDING
QUARTER
CURRENT YEAR TO DATE
PRECEDING YEAR
CORRESPONDING
PERIOD
30/06/2014
30/06/2013
30/06/2014
30/06/2013
$$'000
$$'000
$$'000
$$'000
1Revenue
9,834
11,781
17,889
20,617
2Profit/(loss) before tax
1,887
2,247
2,230
3,404
3Profit/(loss) for the period
627
1,197
637
2,054
4Profit/(loss) attributable to ordinary equity holders of the parent
627
1,197
637
2,054
5Basic earnings/(loss) per share (Subunit)
0.26
0.54
0.26
0.92
6Proposed/Declared dividend per share (Subunit)
0.00
0.00
0.00
0.00


AS AT END OF CURRENT QUARTER
AS AT PRECEDING FINANCIAL YEAR END
7
Net assets per share attributable to ordinary equity holders of the parent ($$)
0.7500
0.7300

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发表于 13-11-2014 03:30 AM | 显示全部楼层
SUMMARY OF KEY FINANCIAL INFORMATION
30/09/2014
INDIVIDUAL PERIOD
CUMULATIVE PERIOD
CURRENT YEAR QUARTER
PRECEDING YEAR
CORRESPONDING
QUARTER
CURRENT YEAR TO DATE
PRECEDING YEAR
CORRESPONDING
PERIOD
30/09/2014
30/09/2013
30/09/2014
30/09/2013
$$'000
$$'000
$$'000
$$'000
1Revenue
9,402
10,261
27,291
30,878
2Profit/(loss) before tax
665
5,307
2,895
8,711
3Profit/(loss) for the period
63
4,350
699
6,405
4Profit/(loss) attributable to ordinary equity holders of the parent
63
4,350
699
6,405
5Basic earnings/(loss) per share (Subunit)
0.03
1.95
0.28
2.87
6Proposed/Declared dividend per share (Subunit)
0.00
0.00
0.00
0.00


AS AT END OF CURRENT QUARTER
AS AT PRECEDING FINANCIAL YEAR END
7
Net assets per share attributable to ordinary equity holders of the parent ($$)
0.7500
0.7300

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发表于 2-3-2015 02:41 AM | 显示全部楼层
SUMMARY OF KEY FINANCIAL INFORMATION
31/12/2014
INDIVIDUAL PERIOD
CUMULATIVE PERIOD
CURRENT YEAR QUARTER
PRECEDING YEAR
CORRESPONDING
QUARTER
CURRENT YEAR TO DATE
PRECEDING YEAR
CORRESPONDING
PERIOD
31/12/2014
31/12/2013
31/12/2014
31/12/2013
$$'000
$$'000
$$'000
$$'000
1Revenue
6,698
8,464
33,989
39,342
2Profit/(loss) before tax
4,539
-2,046
7,433
6,665
3Profit/(loss) for the period
5,856
-1,331
6,555
5,074
4Profit/(loss) attributable to ordinary equity holders of the parent
5,856
-1,331
6,555
5,074
5Basic earnings/(loss) per share (Subunit)
2.38
-0.54
2.67
2.22
6Proposed/Declared dividend per share (Subunit)
0.00
0.00
0.00
0.00


AS AT END OF CURRENT QUARTER
AS AT PRECEDING FINANCIAL YEAR END
7
Net assets per share attributable to ordinary equity holders of the parent ($$)
0.7700
0.7300

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发表于 28-3-2015 03:50 AM | 显示全部楼层

Type
Announcement
Subject
OTHERS
Description
Eastland Equity Bhd - Debt Restructuring Agreement
(Unless stated otherwise, definitions used throughout this announcement shall carry the same meaning as defined in the announcement dated 20 September 2013 in relation to the Debt Restructuring Agreement.)

Further to the Company’s announcements dated 20 September 2013, 24 September 2013 and 25 September 2013 in respect of the Debt Restructuring Agreement, the Board of Directors of the Company wishes to announce that the Company has received formal confirmation from the lawyer today thatthe documents for the discharge of properties have been submitted to the Pejabat Pengarah Tanah Dan Galian Kelantan and the discharge process is deemedcompleted upon lodgment.
Therefore, the Debt Restructuring is deemed completed.

This announcement is dated 27 March 2015.

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发表于 12-5-2015 04:18 AM | 显示全部楼层
SUMMARY OF KEY FINANCIAL INFORMATION
31 Mar 2015
INDIVIDUAL PERIOD
CUMULATIVE PERIOD
CURRENT YEAR QUARTER
PRECEDING YEAR
CORRESPONDING
QUARTER
CURRENT YEAR TO DATE
PRECEDING YEAR
CORRESPONDING
PERIOD
31 Mar 2015
31 Mar 2014
31 Mar 2015
31 Mar 2014
$$'000
$$'000
$$'000
$$'000
1Revenue
7,804
8,055
7,804
8,055
2Profit/(loss) before tax
30,083
343
30,083
343
3Profit/(loss) for the period
29,783
10
29,783
10
4Profit/(loss) attributable to ordinary equity holders of the parent
29,783
10
29,783
10
5Basic earnings/(loss) per share (Subunit)
12.12
0.00
12.12
0.00
6Proposed/Declared dividend per share (Subunit)
0.00
0.00
0.00
0.00


AS AT END OF CURRENT QUARTER
AS AT PRECEDING FINANCIAL YEAR END
7
Net assets per share attributable to ordinary equity holders of the parent ($$)
0.8800
0.7300

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发表于 16-6-2015 02:01 AM | 显示全部楼层
Date of change
15 Jun 2015
Name
Dato' Sri ABDUL HAMIDY BIN ABDUL HAFIZ
Age
58
Nationality
Malaysia
Designation
Chairman
Directorate
Independent and Non Executive
Type of change
Appointment
Qualifications
(i) Bachelor Degree in Business Administration, Ohio University(ii) Master of Business Administration, Ohio University
Working experience and occupation
Dato' Sri Abdul Hamidy Hafiz has more than 30 years of banking experience having served domestic and foreign commercial Banks and Merchant Banks.He was formerly Chief Executive Officer / Managing Director of Pengurusan Danaharta Nasional Berhad, Affin Bank Berhad and Kuwait Finance House Berhad. He has also served as Chairman of The Association of Banks in Malaysia, Danajamin Nasional Berhad and Credit Guarantee Corporation Malaysia Berhad. He is presently a director of Sime Darby Motors Sdn Bhd, Sime Darby Industrial Sdn Bhd and ACE Jerneh Insurance Berhad.
Directorship of public companies (if any)
(i) ACE Jerneh Insurance Berhad(ii) Danajamin Nasional Berhad(iii) Credit Guarantee Corporation Malaysia Berhad

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发表于 16-6-2015 02:24 AM | 显示全部楼层
Date of change
15 Jun 2015
Name
Datuk YUNUS @ MOHD YUNUS BIN AWANG HASHIM
Age
67
Nationality
Malaysia
Type of change
Redesignation
Previous Position
Chairman
New Position
Deputy Chairman
Directorate
Independent and Non Executive

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发表于 24-7-2015 04:04 AM | 显示全部楼层
本帖最后由 icy97 于 25-7-2015 03:49 PM 编辑

Eastland次季赚124万

财经新闻 财经  2015-07-25 10:47
(吉隆坡24日讯)Eastland(EASTLND,2097,主板贸服股)截至6月30日次季,净利达124万令吉,按年涨97.77%,或相等于每股0.5仙。

上财年同期收62万7000令吉,或0.26仙。

当季营业额按年跌5.42%,达930万1000令吉,逊于去年同期的983万4000令吉。

根据文告,当季Eastland旗下产业投资和酒店业务营业额稍逊,出租与融资业务无营收。

惟产业发展业务营业额录得321万令吉,涨2.3倍,归因于脱售吉隆坡文良港的产业。

该公司首6个月累积净赚3102万3000令吉,暴涨47.7倍;营业额则跌4.38%,至1710万5000令吉。【南洋网财经】

SUMMARY OF KEY FINANCIAL INFORMATION
30 Jun 2015
INDIVIDUAL PERIOD
CUMULATIVE PERIOD
CURRENT YEAR QUARTER
PRECEDING YEAR
CORRESPONDING
QUARTER
CURRENT YEAR TO DATE
PRECEDING YEAR
CORRESPONDING
PERIOD
30 Jun 2015
30 Jun 2014
30 Jun 2015
30 Jun 2014
$$'000
$$'000
$$'000
$$'000
1Revenue
9,301
9,834
17,105
17,889
2Profit/(loss) before tax
1,540
1,887
31,623
2,230
3Profit/(loss) for the period
1,240
627
31,023
637
4Profit/(loss) attributable to ordinary equity holders of the parent
1,240
627
31,023
637
5Basic earnings/(loss) per share (Subunit)
0.50
0.26
12.63
0.26
6Proposed/Declared dividend per share (Subunit)
0.00
0.00
0.00
0.00


AS AT END OF CURRENT QUARTER
AS AT PRECEDING FINANCIAL YEAR END
7
Net assets per share attributable to ordinary equity holders of the parent ($$)
89.0000
73.0000

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发表于 29-11-2015 04:56 AM | 显示全部楼层
SUMMARY OF KEY FINANCIAL INFORMATION
30 Sep 2015
INDIVIDUAL PERIOD
CUMULATIVE PERIOD
CURRENT YEAR QUARTER
PRECEDING YEAR
CORRESPONDING
QUARTER
CURRENT YEAR TO DATE
PRECEDING YEAR
CORRESPONDING
PERIOD
30 Sep 2015
30 Sep 2014
30 Sep 2015
30 Sep 2014
$$'000
$$'000
$$'000
$$'000
1Revenue
7,376
9,402
24,482
27,291
2Profit/(loss) before tax
-2,108
665
29,516
2,895
3Profit/(loss) for the period
-2,408
63
28,616
699
4Profit/(loss) attributable to ordinary equity holders of the parent
-2,408
63
28,616
699
5Basic earnings/(loss) per share (Subunit)
-0.98
0.03
11.65
0.28
6Proposed/Declared dividend per share (Subunit)
0.00
0.00
0.00
0.00


AS AT END OF CURRENT QUARTER
AS AT PRECEDING FINANCIAL YEAR END
7
Net assets per share attributable to ordinary equity holders of the parent ($$)
88.0000
73.0000

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发表于 1-3-2016 10:50 PM | 显示全部楼层
SUMMARY OF KEY FINANCIAL INFORMATION
31 Dec 2015
INDIVIDUAL PERIOD
CUMULATIVE PERIOD
CURRENT YEAR QUARTER
PRECEDING YEAR
CORRESPONDING
QUARTER
CURRENT YEAR TO DATE
PRECEDING YEAR
CORRESPONDING
PERIOD
31 Dec 2015
31 Dec 2014
31 Dec 2015
31 Dec 2014
$$'000
$$'000
$$'000
$$'000
1Revenue
7,424
6,509
31,906
33,799
2Profit/(loss) before tax
-20,420
4,004
9,096
6,898
3Profit/(loss) for the period
-19,610
6,005
9,006
6,704
4Profit/(loss) attributable to ordinary equity holders of the parent
-19,610
6,005
9,006
6,704
5Basic earnings/(loss) per share (Subunit)
-7.98
2.44
3.67
2.73
6Proposed/Declared dividend per share (Subunit)
0.00
0.00
0.00
0.00


AS AT END OF CURRENT QUARTER
AS AT PRECEDING FINANCIAL YEAR END
7
Net assets per share attributable to ordinary equity holders of the parent ($$)
0.8000
0.7300

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发表于 26-5-2016 02:20 AM | 显示全部楼层
SUMMARY OF KEY FINANCIAL INFORMATION
31 Mar 2016
INDIVIDUAL PERIOD
CUMULATIVE PERIOD
CURRENT YEAR QUARTER
PRECEDING YEAR
CORRESPONDING
QUARTER
CURRENT YEAR TO DATE
PRECEDING YEAR
CORRESPONDING
PERIOD
31 Mar 2016
31 Mar 2015
31 Mar 2016
31 Mar 2015
$$'000
$$'000
$$'000
$$'000
1Revenue
5,376
7,804
5,376
7,804
2Profit/(loss) before tax
-1,771
30,083
-1,771
30,083
3Profit/(loss) for the period
-1,871
29,783
-1,871
29,783
4Profit/(loss) attributable to ordinary equity holders of the parent
-1,871
29,783
-1,871
29,783
5Basic earnings/(loss) per share (Subunit)
-0.76
12.12
-0.76
12.12
6Proposed/Declared dividend per share (Subunit)
0.00
0.00
0.00
0.00


AS AT END OF CURRENT QUARTER
AS AT PRECEDING FINANCIAL YEAR END
7
Net assets per share attributable to ordinary equity holders of the parent ($$)
0.7900
0.8000

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发表于 18-8-2016 05:45 AM | 显示全部楼层
SUMMARY OF KEY FINANCIAL INFORMATION
30 Jun 2016
INDIVIDUAL PERIOD
CUMULATIVE PERIOD
CURRENT YEAR QUARTER
PRECEDING YEAR
CORRESPONDING
QUARTER
CURRENT YEAR TO DATE
PRECEDING YEAR
CORRESPONDING
PERIOD
30 Jun 2016
30 Jun 2015
30 Jun 2016
30 Jun 2015
$$'000
$$'000
$$'000
$$'000
1Revenue
6,035
9,301
11,412
17,105
2Profit/(loss) before tax
-1,811
1,540
-3,583
31,623
3Profit/(loss) for the period
-2,113
1,240
-3,984
31,023
4Profit/(loss) attributable to ordinary equity holders of the parent
-2,113
1,240
-3,984
31,023
5Basic earnings/(loss) per share (Subunit)
-0.86
0.50
-1.62
12.63
6Proposed/Declared dividend per share (Subunit)
0.00
0.00
0.00
0.00


AS AT END OF CURRENT QUARTER
AS AT PRECEDING FINANCIAL YEAR END
7
Net assets per share attributable to ordinary equity holders of the parent ($$)
0.7800
0.8000

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发表于 22-11-2016 07:37 PM | 显示全部楼层
本帖最后由 icy97 于 29-11-2016 05:09 AM 编辑

SUMMARY OF KEY FINANCIAL INFORMATION
30 Sep 2016
INDIVIDUAL PERIOD
CUMULATIVE PERIOD
CURRENT YEAR QUARTER
PRECEDING YEAR
CORRESPONDING
QUARTER
CURRENT YEAR TO DATE
PRECEDING YEAR
CORRESPONDING
PERIOD
30 Sep 2016
30 Sep 2015
30 Sep 2016
30 Sep 2015
$$'000
$$'000
$$'000
$$'000
1Revenue
7,540
7,376
18,952
24,481
2Profit/(loss) before tax
96
-2,107
-3,485
29,515
3Profit/(loss) for the period
96
-2,407
-3,886
28,615
4Profit/(loss) attributable to ordinary equity holders of the parent
96
-2,407
-3,886
28,615
5Basic earnings/(loss) per share (Subunit)
0.04
-0.98
-1.58
11.65
6Proposed/Declared dividend per share (Subunit)
0.00
0.00
0.00
0.00


AS AT END OF CURRENT QUARTER
AS AT PRECEDING FINANCIAL YEAR END
7
Net assets per share attributable to ordinary equity holders of the parent ($$)
0.7800
0.8000

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发表于 22-2-2017 05:45 AM | 显示全部楼层
SUMMARY OF KEY FINANCIAL INFORMATION
31 Dec 2016
INDIVIDUAL PERIOD
CUMULATIVE PERIOD
CURRENT YEAR QUARTER
PRECEDING YEAR
CORRESPONDING
QUARTER
CURRENT YEAR TO DATE
PRECEDING YEAR
CORRESPONDING
PERIOD
31 Dec 2016
31 Dec 2015
31 Dec 2016
31 Dec 2015
$$'000
$$'000
$$'000
$$'000
1Revenue
5,320
7,487
24,272
31,660
2Profit/(loss) before tax
-1,149
-20,344
4,635
9,170
3Profit/(loss) for the period
-1,149
-19,851
-5,036
8,764
4Profit/(loss) attributable to ordinary equity holders of the parent
-1,149
-19,851
-5,036
8,764
5Basic earnings/(loss) per share (Subunit)
-0.47
-8.08
-2.05
3.57
6Proposed/Declared dividend per share (Subunit)
0.00
0.00
0.00
0.00


AS AT END OF CURRENT QUARTER
AS AT PRECEDING FINANCIAL YEAR END
7
Net assets per share attributable to ordinary equity holders of the parent ($$)
0.7800
0.8000

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发表于 25-5-2017 05:11 AM | 显示全部楼层
SUMMARY OF KEY FINANCIAL INFORMATION
31 Mar 2017
INDIVIDUAL PERIOD
CUMULATIVE PERIOD
CURRENT YEAR QUARTER
PRECEDING YEAR
CORRESPONDING
QUARTER
CURRENT YEAR TO DATE
PRECEDING YEAR
CORRESPONDING
PERIOD
31 Mar 2017
31 Mar 2016
31 Mar 2017
31 Mar 2016
$$'000
$$'000
$$'000
$$'000
1Revenue
5,791
5,376
5,791
5,376
2Profit/(loss) before tax
-2,150
-1,771
-2,150
-1,771
3Profit/(loss) for the period
-2,250
-1,871
-2,250
-1,871
4Profit/(loss) attributable to ordinary equity holders of the parent
-2,250
-1,871
-2,250
-1,871
5Basic earnings/(loss) per share (Subunit)
-0.92
-0.76
-0.92
-0.76
6Proposed/Declared dividend per share (Subunit)
0.00
0.00
0.00
0.00


AS AT END OF CURRENT QUARTER
AS AT PRECEDING FINANCIAL YEAR END
7
Net assets per share attributable to ordinary equity holders of the parent ($$)
0.7700
0.7800

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发表于 9-8-2017 02:04 AM | 显示全部楼层
本帖最后由 icy97 于 10-8-2017 02:36 AM 编辑

SUMMARY OF KEY FINANCIAL INFORMATION
30 Jun 2017
INDIVIDUAL PERIOD
CUMULATIVE PERIOD
CURRENT YEAR QUARTER
PRECEDING YEAR
CORRESPONDING
QUARTER
CURRENT YEAR TO DATE
PRECEDING YEAR
CORRESPONDING
PERIOD
30 Jun 2017
30 Jun 2016
30 Jun 2017
30 Jun 2016
$$'000
$$'000
$$'000
$$'000
1Revenue
4,983
6,035
10,775
11,412
2Profit/(loss) before tax
-1,763
-1,811
-3,913
-3,583
3Profit/(loss) for the period
-1,863
-2,113
-4,113
-3,984
4Profit/(loss) attributable to ordinary equity holders of the parent
-1,863
-2,113
-4,113
-3,984
5Basic earnings/(loss) per share (Subunit)
-0.76
-0.86
-1.67
-1.62
6Proposed/Declared dividend per share (Subunit)
0.00
0.00
0.00
0.00


AS AT END OF CURRENT QUARTER
AS AT PRECEDING FINANCIAL YEAR END
7
Net assets per share attributable to ordinary equity holders of the parent ($$)
0.7600
0.7800

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发表于 3-11-2017 04:47 AM | 显示全部楼层
SUMMARY OF KEY FINANCIAL INFORMATION
30 Sep 2017
INDIVIDUAL PERIOD
CUMULATIVE PERIOD
CURRENT YEAR QUARTER
PRECEDING YEAR
CORRESPONDING
QUARTER
CURRENT YEAR TO DATE
PRECEDING YEAR
CORRESPONDING
PERIOD
30 Sep 2017
30 Sep 2016
30 Sep 2017
30 Sep 2016
$$'000
$$'000
$$'000
$$'000
1Revenue
4,988
7,540
15,763
18,952
2Profit/(loss) before tax
-1,887
97
-5,800
-3,486
3Profit/(loss) for the period
-1,887
97
-6,000
-3,887
4Profit/(loss) attributable to ordinary equity holders of the parent
-1,887
97
-6,000
-3,887
5Basic earnings/(loss) per share (Subunit)
-0.77
0.04
-2.44
-1.58
6Proposed/Declared dividend per share (Subunit)
0.00
0.00
0.00
0.00


AS AT END OF CURRENT QUARTER
AS AT PRECEDING FINANCIAL YEAR END
7
Net assets per share attributable to ordinary equity holders of the parent ($$)
0.7500
0.7800

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发表于 7-11-2017 05:03 AM | 显示全部楼层
本帖最后由 icy97 于 8-11-2017 05:00 AM 编辑

5配6附加股.2附加股送1凭单.东方置地筹3980万购地

(吉隆坡6日讯)东方置地(EASTLND,2097,主板贸服组)宣布发售高达2亿9480万1570股附加股计划,以筹措数最高3980万令吉,主要用来融资土地收购和摊还贷款。

该公司发文告表示,有关附加股计划是每5股配6股附加股,每2股附加股送1凭单,附加股指示售价为每股13.5仙,确实售价稍后决定。

该公司同日宣布将以现金2326万5000令吉收购位于沙巴亚庇,面积2181平方公尺的租赁发展土地,并预料将发展为总值约6亿3900万令吉的综合商业产业。

根据该公司1亿2283万3988令吉由2亿4566万7975股股票组成的股本计算,这项附加股计划将发售最高2亿9480万1570股附加股连同1亿4740万单位凭单。

融资购沙巴土地

以每股13.5仙指示发售价估计,这项发售附加股预料最高筹措3980万令吉,最低筹措1170万令吉,所筹措的资金,以最高筹措额计算,其中2326万5000令吉用来融资上述的土地收购,另外1000万令吉用来摊还银行贷款,5583万令吉作为营运资本。

若上述土地收购不成功,则筹措资金其中3300万令吉用来还债,另5848万令吉作为营运资本。

一旦附加股计划完成,假设凭单悉数转换,该公司的股本将最高扩大至1亿8916万4341令吉,由6亿8787股股票组成。

在土地收购方面,该公司通过独资子公司FBO置地进行,收购配合该公司多元产业发展地域的政策。该公司目前的产业发展计划是在吉兰丹州。

发展逾6亿综合产业

沙巴亚庇的土也地已经在今年1月获准进行商业产业发展,分别是总值3亿5692万令吉的28层高3星级酒店,以及总值2亿8205万令吉的28层高酒店套房,其中4层是零售单位和6层是停车场。

一旦完成土地收购,该公司预计可在明年次季开始产业动工,并估计3年完工。

文章来源:
星洲日报·财经·2017.11.07

Type
Announcement
Subject
MULTIPLE PROPOSALS
Description
EASTLAND EQUITY BHD ("EASTLAND") (I)        PROPOSED RIGHTS ISSUE WITH WARRANTS; AND(II)        PROPOSED ACQUISITION
On behalf of the Board of Directors of Eastland, RHB Investment Bank Berhad wishes to announce that the Company proposes to undertake a renounceable rights issue of up to 294,801,570 new ordinary shares in Eastland (“Eastland Shares”) (“Rights Shares”) together with up to 147,400,785 free detachable warrants (“Warrants”) on the basis of 6 Rights Shares for every 5 existing Eastland Shares held and 1 Warrant for every 2 Rights Shares subscribed for, on an entitlement date to be determined and announced later (“Proposed Rights Issue with Warrants”).

Further, FBO Land (Setapak) Sdn Bhd, a wholly-owned subsidiary of Eastland, has today entered into a conditional sale and purchase agreement with P.C.K. Properties Sdn Bhd for the acquisition of a parcel of leasehold development land situated at Jalan Pantai, Kota Kinabalu, Sabah measuring approximately 2,181.80 square meters, for a purchase consideration of RM23,265,000 to be satisfied in full via cash (“SPA”) (“Proposed Acquisition”).

(Collectively, the Proposed Rights Issue with Warrants and Proposed Acquisition are referred to as the “Proposals”)

Further details on the Proposals are set out in the attachment enclosed.

This announcement is dated 3 November 2017.
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5593385

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发表于 9-12-2017 07:15 AM | 显示全部楼层
Type
Announcement
Subject
OTHERS
Description
EASTLAND EQUITY BHD ("EASTLAND" OR "THE COMPANY")- TERMINATION OF MANAGEMENT, SERVICES, LICENCE AND ROYALTY AGREEMENTS ASSOCIATED WITH THE RENAISSANCE KOTA BHARU HOTEL AND THE REBRANDING OF THE HOTEL TO THE GRAND RENAI
The Company wishes to announce that its wholly owned subsidiary, EASTERN BISCUIT FACTORY SDN BHD (“EBF”), the owner of the hotel operating under the brand name “The Renaissance Kota Bharu Hotel” (“Hotel”), have on 30 November 2017 entered into a Termination Agreement with the following parties and mutually agreed to terminate the Hotel Management Agreement, the associated International Services Agreement and the License and Royalty Agreement (“Termination”):
i)        Luxury Hotels International Management Company B.V. (Malaysia Branch), the Manager of the Renaissance Kota Bharu Hotel; and
ii)       Global Hospitality Licensing S.A R.L. the Proprietor of International Services and the License and Royalty associated with the Renaissance brand name.
In conjunction with the Termination, the Hotel will be rebranded as The Grand Renai, an in house brand with effect from 01 December 2017 (“Rebranding”).

Please refer to the attachment for further details.

This announcement is dated 30 November 2017.
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5624301

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