Changes In Director's Interest (Section 219 Of CA 2016) - Dato' Lai Keng Onn
BackJan 26, 2024
Particulars of Director
| Name | DATO' LAI KENG ONN |
| Descriptions(Class) | Total Return Equity Swap ("TRES") in respect of ordinary shares of the Company |
Details of changes
| No |
Date of change
|
No of securities
|
Type of transaction
|
Nature of Interest
|
| 1 |
23/01/2024
|
24,300,000
|
Others
|
Direct Interest
|
| Name of registered holder | DATO' LAI KENG ONN | |||
| Description of "Others" Type of Transaction | Entry of TRES | |||
| Consideration (if any) | ||||
| Circumstances by reason of which change has occurred | Entry of TRES Transaction |
| Nature of interest | Direct Interest |
Total no of securities after change |
|
| Direct (units) | 422,151,925 |
| Direct (%) | 21.253 |
| Indirect/deemed interest (units) | 186,300,000 |
| Indirect/deemed interest (%) | 9.379 |
| Date of notice | 26/01/2024 |
| Date notice received by Listed Issuer | 26/01/2024 |
| Remarks : |
| 1. TRES is a financial derivative product that is linked to the performance of the ordinary shares in the Company. 2. The total number of ordinary shares of the Company to be transacted under the TRES is up to 24,300,000 units and the total consideration is up to RM9,234,000.00 only, representing 1.178% of the total number of issued shares of the Company. The above announcement is also made to comply with Paragraph 14.09 of the Main Market Listing Requirement of Bursa Malaysia Securities Berhad. |
Announcement Info
| Company Name | KINERGY ADVANCEMENT BERHAD |
| Stock Name | KAB |
| Date Announced | 26 Jan 2024 |
| Category | Changes in Director's Interest Pursuant to Section 219 of CA 2016 |
| Reference Number | CS4-24012024-00024 |
Kinergy Advancement Berhad
No. 18, Jalan Radin Bagus 9, Bandar Baru Sri Petaling, 57000 Kuala Lumpur, Malaysia.