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") PROPOSED PRIVATE PLACEMENT |
On behalf of the Board of Directors of KAB, Mercury Securities Sdn Bhd wishes to announce that the Company proposes to undertake a private placement of up to 169,180,000 new ordinary shares in the Company (“KAB Shares” or “Shares”), representing 10% of the existing total number of issued Shares (excluding treasury shares), to independent third-party investor(s) to be identified and at an issue price to be determined later (“Proposed Private Placement”).
Please refer to the attachment for further details on the Proposed Private Placement.
This announcement is dated 15 July 2021.
Please refer attachment below.
Announcement Info
| Company Name | KEJURUTERAAN ASASTERA BERHAD |
| Stock Name | KAB |
| Date Announced | 15 Jul 2021 |
| Category | General Announcement for PLC |
| Reference Number | GA1-15072021-00099 |
Attachments
- KAB_-_Proposed_Private_Placement_(15.7.2021).pdf (Size: 353,660 bytes)
Kinergy Advancement Berhad
No. 18, Jalan Radin Bagus 9, Bandar Baru Sri Petaling, 57000 Kuala Lumpur, Malaysia.