ECM Libra Financial Group

CORPORATE ANNOUNCEMENTS

General Announcement for PLC
Reference No:	GA1-27062019-00134

Company Name	:	ECM LIBRA FINANCIAL GROUP BERHAD
Stock Name	:	ECM
Date Announced	:	27/06/2019

Type	:	Announcement
Subject	:	TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS
Description	:	ECM LIBRA FINANCIAL GROUP BERHAD ("ECMLFG" OR THE "COMPANY") PROPOSED DISPOSAL OF 100% EQUITY INTEREST IN LIBRA INVEST BERHAD FOR A PROVISIONAL CASH CONSIDERATION OF RM50.07 MILLION, SUBJECT TO ADJUSTMENTS SET OUT IN THE SHARE PURCHASE AGREEMENT ("PROPOSED DISPOSAL")

Announcement Details/Table Section :

(Unless otherwise stated, all abbreviations and definitions used herein shall have the same meaning as those used in the Company's announcement dated 28 March 2019)

Reference is made to the Company's announcements dated 28 March 2019, 11 April 2019, 3 June 2019, 11 June 2019, 12 June 2019 and 27 June 2019 in relation to the Proposed Disposal.

On behalf of the Board, Mercury Securities wishes to announce that following the shareholders' approval on 27 June 2019, all conditions precedent of the SPA have been fulfilled and hence, the SPA has become unconditional.

This announcement is dated 27 June 2019.

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