New Issue Of Securities (Chapter 6 Of Listing Requirements) : Fund Raising
| Type | Announcement |
| Subject | NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) FUND RAISING |
| Description |
KEJURUTERAAN ASASTERA BERHAD ("KAB" OR "THE COMPANY") - EXTENSION OF TIME FOR UTILISATION OF PROCEEDS RAISED FROM THE SPECIAL ISSUE OF UP TO 34,000,000 NEW ORDINARY SHARES IN KAB TO BUMIPUTERA INVESTORS |
Reference is made to the proceeds raised from the Special Issue of up to 34,000,000 new ordinary shares in KAB to Bumiputera Investors ("Special Issue") as disclosed in the Company's Circular to Shareholders dated 19 December 2018 ("Circular"). As announced on 8 May 2019 and 17 June 2019, the Company has raised total gross proceeds of RM6.8 million from the Special Issue ("Special Issue Proceeds").
The Board of Directors of KAB ("Board") wishes to announce that as at the date of this announcement, the Company has yet to fully utilise the Special Issue Proceeds.
Please refer to the attachment for details of the extension of time.
Please refer attachment below.
Announcement Info
| Company Name | KEJURUTERAAN ASASTERA BERHAD |
| Stock Name | KAB |
| Date Announced | 21 Jun 2021 |
| Category | General Announcement for PLC |
| Reference Number | GA1-21062021-00016 |
Attachments
- KAB-Extension_of_Utilisation_of_Proceeds.pdf (Size: 392,062 bytes)
Kinergy Advancement Berhad
No. 18, Jalan Radin Bagus 9, Bandar Baru Sri Petaling, 57000 Kuala Lumpur, Malaysia.