News

New Issue Of Securities (Chapter 6 Of Listing Requirements) : Fund Raising

BackJun 21, 2024

 

Type Announcement
Subject NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
FUND RAISING
Description KINERGY ADVANCEMENT BERHAD ("KAB" OR THE "COMPANY")

PROPOSED PRIVATE PLACEMENT OF UP TO 198,634,288 NEW ORDINARY SHARES IN KAB ("KAB SHARES" OR "SHARES"), REPRESENTING 10% OF THE TOTAL NUMBER OF ISSUED SHARES OF THE COMPANY (EXCLUDING TREASURY SHARES) PURSUANT TO SECTIONS 75 AND 76 OF THE COMPANIES ACT, 2016 ("PROPOSED PRIVATE PLACEMENT")

Reference is made to the Company’s earlier announcement dated 20 June 2024 (“Earlier Announcement”) in relation to the Proposed Private Placement. Unless stated otherwise, abbreviations and definitions used throughout this announcement shall bear the same meaning as those defined in the Earlier Announcement.

 

On behalf of the Board, Malacca Securities wishes to announce that the listing application in relation to the Proposed Private Placement has been submitted to Bursa Securities on 21 June 2024.

 

This announcement is dated 21 June 2024.

 


Announcement Info

Company Name KINERGY ADVANCEMENT BERHAD
Stock Name KAB
Date Announced 21 Jun 2024
Category General Announcement for PLC
Reference Number GA1-20062024-00090