| Type | Announcement |
| Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS |
| Description |
ELK-DESA RESOURCES BERHAD ("ELK-DESA" OR THE "COMPANY") SUBSCRIPTION BY ELK-DESA CAPITAL SDN BHD ("ELK-DESA CAPITAL"), A WHOLLY-OWNED SUBSIDIARY OF ELK-DESA, OF RM40,500,000 IN NOMINAL VALUE OF JUNIOR CLASS MEDIUM TERM NOTES ("JUNIOR MTN") AND 1 CUMULATIVE REDEEMABLE NON-CONVERTIBLE PREFERENCE SHARE ("RPS") TO BE ISSUED BY PREMIER AUTO ASSETS BERHAD ("PREMIER AUTO ASSETS") ("SUBSCRIPTIONS") |
The Board of Directors of ELK-Desa wishes to announce that ELK-Desa Capital has on 15 July 2019 entered into 2 subscription agreements with Premier Auto Assets in respect of the Subscriptions.
Please refer to the attachment for further details of the Subscriptions.
This announcement is dated 15 July 2019.
Please refer attachment below.
| Company Name | ELK-DESA RESOURCES BERHAD |
| Stock Name | ELKDESA |
| Date Announced | 15 Jul 2019 |
| Category | General Announcement for PLC |
| Reference Number | GA1-12072019-00082 |
Attachments
