News

New Issue of Securities (Chapter 6 Of Listing Requirements) : Fund Raising

BackDec 10, 2018
Type Announcement
Subject NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
FUND RAISING
Description

KEJURUTERAAN ASASTERA BERHAD ("KAB" OR THE "COMPANY") PROPOSED SPECIAL ISSUE OF UP TO 34,000,000 NEW ORDINARY SHARES IN KAB TO BUMIPUTERA INVESTORS TO BE IDENTIFIED AND/OR APPROVED BY THE MINISTRY OF INTERNATIONAL TRADE AND INDUSTRY ("PROPOSED SPECIAL ISSUE")

On behalf of the Board of Directors of KAB, Mercury Securities Sdn Bhd wishes to announce that the Company proposes to undertake a special issue of up to 34,000,000 new ordinary shares in KAB to Bumiputera investors to be identified and/or approved by the Ministry of International Trade and Industry, at an issue price to be determined at a later date after obtaining all relevant approvals.

 

Kindly refer to the attached document for the details of the Proposed Special Issue.

 

This announcement is dated 10 December 2018.

 


Announcement Info

Company Name KEJURUTERAAN ASASTERA BERHAD
Stock Name KAB
Date Announced 10 Dec 2018
Category General Announcement for PLC
Reference Number GA1-10122018-00076

 

Please refer attachment below.

Attachments

  1. KAB_-_Proposed_Special_Issue_(10.12.2018).pdf (Size: 150,631 bytes)