Type | Announcement |
Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS |
Description |
KINERGY ADVANCEMENT BERHAD (FORMERLY KNOWN AS KEJURUTERAAN ASASTERA BERHAD) [REGISTRATION NO. 199701005009 (420505-H)]("KAB" OR "THE COMPANY") SALE AND PURCHASE OF SHARES AGREEMENT ENTERED BETWEEN KAB ENERGY HOLDINGS SDN. BHD., A WHOLLY OWNED SUBSIDIARY OF THE COMPANY AND FUTURE NRG SDN. BHD. IN RELATION TO THE PROPOSED ACQUISITION OF 380,000 ORDINARY SHARES IN FUTURE BIOMASS GASIFICATION SDN. BHD. ("PROPOSED ACQUISITION") |
Reference is made to FBGSB’s announcements dated 9 November 2022, 10 November 2022, 11 November 2022, 16 January 2023, 18 January 2023, 23 March 2023, 25 April 2023, and 26 June 2023. Unless otherwise stated, defined terms used in this announcement shall have the same meanings as defined in the announcements dated 9 November 2022, 10 November 2022, 11 November 2022, 16 January 2023, 18 January 2023, 23 March 2023, 25 April 2023 and 26 June 2023. The Board of KAB wishes to announce that KABEH and FNSB, had mutually agreed to extend the CP Long Stop Date as stipulated in the Agreement in relation to the Proposed Acquisition to 24 September 2023. This announcement is dated 24 July 2023. |
Company Name | KINERGY ADVANCEMENT BERHAD |
Stock Name | KAB |
Date Announced | 24 Jul 2023 |
Category | General Announcement for PLC |
Reference Number | GA1-21072023-00029 |