| Type | Announcement |
| Subject | OTHERS |
| 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 RM40,5000,000 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") |
Reference is made to the Company's announcement dated 15 July 2019 in relation to the Subscriptions ("Announcement"). Unless otherwise defined, capitalised terms used in this announcement shall have the same meanings as defined in the aforesaid Announcement.
The Board of Directors of ELK-Desa wishes to anoounce that the Subscriptions have been completed following the issuance of the Junior MTN and RPS to ELK-Desa Capital today.
This announcement is dated 19 July 2019.
| Company Name | ELK-DESA RESOURCES BERHAD |
| Stock Name | ELKDESA |
| Date Announced | 19 Jul 2019 |
| Category | General Announcement for PLC |
| Reference Number | GA1-18072019-00032 |
