ECEX Board’s proposal for joint termination of the Investment Agreement
East Capital Explorer (publ) (“ECEX”, “the Company”) today summons shareholders to an Extraordinary General Meeting (“EGM”) on 9 May to decide on an immediate joint termination of the Investment Agreement between the Company and East Capital. By terminating the Agreement, building an in-house investment organization and, in parallel, launching a buyback program tied to the share discount, the company will more than halve its costs, remove organizational complexity and create a clear strategy for discount control.Following an initiative by East Capital in September 2015 to review the