ECU 3.85% 25.0¢ eastern corporation limited

asx release

  1. 513 Posts.
    EASTERN CORPORATION LIMITED 2003-05-12 ASX-SIGNAL-G

    HOMEX - Brisbane

    +++++++++++++++++++++++++
    On 26 February 2003 the Company announced that it intended to proceed
    with the sale of holdings of 15,000 shares or less unless otherwise
    notified by shareholders.

    Following expiry of the notice period the Company arranged sale of
    the shares on-market. Proceeds have now been received and cheques
    will be posted to individual shareholders on 14 May 2003.

    Final details of the buy-out are:

    Sale price: 5.376226 cents per share (average)

    Total number of shares: 3,261,341

    Number of shareholders: 506

    B Lyne
    COMPANY SECRETARY
 
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