News

Multiple Proposals

BackOct 21, 2022
Type Announcement
Subject MULTIPLE PROPOSALS
Description

KEJURUTERAAN ASASTERA BERHAD ("KAB" OR "THE COMPANY")

(I) PROPOSED ACQUISITION;

(II) PROPOSED DIVERSIFICATION; AND

(III) PROPOSED PRIVATE PLACEMENT

(COLLECTIVELY REFERRED TO AS THE "PROPOSALS")

Reference is made to the announcements dated 19 January 2022, 29 March 2022, 20 June 2022, 30 June 2022, 29 July 2022, 30 August 2022 and 17 October 2022 in relation to the Proposed Acquisition as well as the announcements dated 7 September 2022, 14 September 2022 and 11 October 2022 in relation to the Proposed Diversification and Proposed Private Placement (“Announcements”). Unless otherwise defined, the definitions set out in the Announcements shall apply herein.

 

On behalf of the Company, Kenanga IB wishes to announce that the Company intends to defer the tabling of the Proposed Acquisition for shareholders’ approval in the EGM (“Deferment”).

 

Notwithstanding the Deferment, the Company intends to proceed with the tabling of the Proposed Diversification and Proposed Private Placement for shareholders’ approval at an EGM to be convened.

 

Please refer to the attachment for further details.

 

This announcement is dated 21 October 2022.

 

Announcement Info

Company Name KEJURUTERAAN ASASTERA BERHAD
Stock Name KAB
Date Announced 21 Oct 2022
Category General Announcement for PLC
Reference Number GA1-21102022-00054



Attachments

  1. KAB_-_Deferment.pdf (Size: 152,817 bytes)