Dealings In Listed Securities (Chapter 14 Of Listing Requirements) : Dealings Outside Closed Period

BackSep 20, 2017
Type Announcement
Subject DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS)
DEALINGS OUTSIDE CLOSED PERIOD
Description

Eight (8) years Irredeemable Convertible Unsecured Loan Stock ("ICULS") with coupon rate of 3.25% per annum at 100% of the nominal value of RM1.00 each.

Pursuant to Chapter 14 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, we wish to announce that ELK-Desa Resources Berhad ("ELK-Desa Resources") had, on 20 September, 2017, received a notice of dealings in the securities of ELK-Desa Resources outside the closed period from Mr. Teoh Hock Chai @ Tew Hock Chai, who is the Chairman of the Company.

The details are as follows:

Date of Dealing

Number of securities

%

Consideration (if any)

Nature of interest

Description of Transaction

18/09/2017

(800,000)

2.801

RM0.975 per unit ICULS

Deemed interest vide Eng Lee Kredit Sdn Bhd

Disposed

19/09/2017

(466,662)

1.634

RM0.976 per unit ICULS

Deemed interest vide Eng Lee Kredit Sdn Bhd

Disposed

 

Announcement Info

Company Name ELK-DESA RESOURCES BERHAD
Stock Name ELKDESA-LA
Date Announced 20 Sep 2017
Category General Announcement for PLC
Reference Number GA1-20092017-00016