New Issue Of Securities (Chapter 6 Of Listing Requirements) : Fund Raising
BackJul 12, 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") |
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Reference is made to the Company's earlier announcement dated 20 June 2024 in relation to the Proposed Private Placement ("Earlier Announcement"). 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 provide further details on the proceeds earmarked for the funding of RE projects as set out in the enclosed attachment.
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Please refer attachment below.
Announcement Info
| Company Name | KINERGY ADVANCEMENT BERHAD |
| Stock Name | KAB |
| Date Announced | 12 Jul 2024 |
| Category | General Announcement for PLC |
| Reference Number | GA1-12072024-00020 |
Attachments
- KAB_-_Proposed_Private_Placement_(Additional_information)_20240712.pdf (Size: 124,377 bytes)
Kinergy Advancement Berhad
No. 18, Jalan Radin Bagus 9, Bandar Baru Sri Petaling, 57000 Kuala Lumpur, Malaysia.