Transactions (Chapter 10 Of Listing Requirements) : Non Related Party Transactions
| Type | Announcement |
| Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS |
| Description |
KINERGY ADVANCEMENT BERHAD (FORMERLY KNOWN AS KEJURUTERAAN ASASTERA BERHAD) ("KAB" OR "THE COMPANY") SHARE SALE AGREEMENT ENTERED BETWEEN KAB ENERGY HOLDINGS SDN. BHD., A WHOLLY-OWNED SUBSIDIARY OF THE COMPANY AND UNIQUE FORGING & COMPONENTS SDN. BHD. IN RELATION TO THE PROPOSED ACQUISITION OF 100% ORDINARY SHARES IN MATAHARI SURIA SDN. BHD. ("PROPOSED ACQUISITION") |
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Unless otherwise stated, defined terms used in this announcement shall have the same meanings as defined in the announcements dated 18 August 2022, 17 January 2023, 16 March 2023 and 16 May 2023. The Board of Directors of KAB wishes to announce that the proposed acquisition of 1,000,000 ordinary shares in the share capital of MSSB, representing 100% of the share capital of MSSB for a total cash consideration of RM5,300,000.00 only has been completed. This announcement is dated 25 July 2023. |
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Please refer attachment below.
Announcement Info
| Company Name | KINERGY ADVANCEMENT BERHAD |
| Stock Name | KAB |
| Date Announced | 25 Jul 2023 |
| Category | General Announcement for PLC |
| Reference Number | GA1-21062023-00027 |
Attachments
Kinergy Advancement Berhad
No. 18, Jalan Radin Bagus 9, Bandar Baru Sri Petaling, 57000 Kuala Lumpur, Malaysia.