Dealings In Listed Securities (Chapter 14 Of Listing Requirements) : Dealings Outside Closed Period
BackJan 26, 2024
| Subject | Dealings Outside Closed Period |
| No | Salutation | Name | Designation | Description Of "Others" Designation |
| 1 | DATO' | LAI KENG ONN | Others | Executive Deputy Chairman cum Group Managing Director |
| Type of Transaction | Others | |||
| Description of "Others" Type of Transaction | Entry of TRES | |||
| Date of Transaction | 23 Jan 2024 | |||
| Description of Securities | Total Return Equity Swap ("TRES") in respect of ordinary shares of the Company | |||
| No of Securities Transacted | 24,300,000 | |||
| % of Securities Transacted | 1.178 | |||
| Consideration | Malaysian Ringgit (MYR) 9,234,000.000 | |||
| 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. The notice of dealing from Dato' Lai Keng Onn was received by the Company on 26 January 2024. |
Announcement Info
| Company Name | KINERGY ADVANCEMENT BERHAD |
| Stock Name | KAB |
| Date Announced | 26 Jan 2024 |
| Category | Dealings in Listed Securities (Chapter 14 of Listing Requirements) |
| Reference Number | DLR-24012024-00041 |
Kinergy Advancement Berhad
No. 18, Jalan Radin Bagus 9, Bandar Baru Sri Petaling, 57000 Kuala Lumpur, Malaysia.