| Type | Announcement |
| Subject | MULTIPLE PROPOSALS |
| Description |
ELK-DESA RESOURCES BERHAD ("ELK-DESA" OR THE "COMPANY") (I) PROPOSED RIGHTS ISSUE; (II) PROPOSED INCREASE IN THE AUTHORISED SHARE CAPITAL; (III) PROPOSED AMENDMENT; AND (IV) PROPOSED EXEMPTION (COLLECTIVELY REFERRED TO AS THE "PROPOSALS") |
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(Unless otherwise stated, the abbreviations used herein shall have the same meanings as those mentioned in the Company’s previous announcements in relation to the Proposals.) We refer to our announcements dated 11 November 2016, 5 January 2017 and 18 January 2017 in relation to the Proposals. Pursuant to Paragraph 9.33(1)(b)(i) of the Listing Requirements, the Company is required to issue the Circular to the shareholders of ELK-Desa within fourteen (14) market days after the receipt of Bursa Securities’ confirmation that it has no further comments. On behalf of the Board of Directors of ELK-Desa, Mercury Securities wishes to announce that an application has been submitted to Bursa Securities on even date to seek for an extension of time to 1 March 2017 to issue the Circular. Further announcement will be made upon the receipt of decision from Bursa Securities. This announcement is dated 3 February 2017. |
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| Company Name | ELK-DESA RESOURCES BERHAD |
| Stock Name | ELKDESA |
| Date Announced | 03 Feb 2017 |
| Category | General Announcement for PLC |
| Reference Number | GA1-02022017-00023 |
