EONCap board approved submission offer to shareholders
Filed Under (Other News) by Webmaster on 21-05-2010
Tagged Under : eon bank, eon capital, Hong Leong, Hong Leong Bank
The Board of EONCAP (via MIMB) has approved (with the exception of Primus’s CEO) to forward Hong Leong Bank’s asset and liabilities purchase offer to shareholders via an EGM which will be announced at a later date.
The Board of EONCAP has also proposed to distribute the full sales proceed via special dividend and capital repayment to shareholders once the sales has been been concluded. The expected date for the full distribution is by end 2010.
