Transactions (Chapter 10 Of Listing Requirements) : Non Related Party Transactions
BackNov 16, 2023
| 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 100% SHARE CAPITAL IN FUTURE BIOMASS GASIFICATION SDN. BHD. ("PROPOSED ACQUISITION") |
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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, 26 June 2023, 24 July 2023, 20 September 2023, and 23 October 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, 26 June 2023, 24 July 2023, 20 September 2023, and 23 October 2023.
The Board of KAB wishes to announce that the proposed acquisition of 100% share capital in FBGSB, for a total consideration of RM15,000,000.00 only has been completed. This announcement is dated 16 November 2023. |
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Please refer attachment below.
Announcement Info
| Company Name | KINERGY ADVANCEMENT BERHAD |
| Stock Name | KAB |
| Date Announced | 16 Nov 2023 |
| Category | General Announcement for PLC |
| Reference Number | GA1-02112023-00053 |
Attachments
Kinergy Advancement Berhad
No. 18, Jalan Radin Bagus 9, Bandar Baru Sri Petaling, 57000 Kuala Lumpur, Malaysia.