News

Changes In Sub. S-hldr's Int (Section 138 Of CA 2016) - Dato' Lai Keng Onn (Amended Announcement)

BackJul 19, 2024

Particulars of substantial Securities Holder

Name DATO' LAI KENG ONN
Nationality/Country of incorporation Malaysia
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 12 Jul 2024
13,300,000
Others Direct Interest
Name of registered holder DATO' LAI KENG ONN
Description of "Others" Type of Transaction Entry of TRES

 

Circumstances by reason of which change has occurred Entry of TRES Transaction
Nature of interest Direct Interest
Direct (units) 388,096,525
Direct (%) 19.54
Indirect/deemed interest (units) 183,400,000
Indirect/deemed interest (%) 9.23
Total no of securities after change 571,496,525
Date of notice 17 Jul 2024
Date notice received by Listed Issuer 17 Jul 2024

 


Remarks :
TRES of 13,300,000 ordinary shares - there is no change in interests or shareholding in the Company as a result of the Director entering into the TRES as the terms and conditions of the TRES do not contemplate for any acquisition, disposal or transfer of the shares in the Company by the Director concerned.

This amended announcement is made to rectify the direct interest of Dato' Lai Keng Onn, which is as per above. Other than this, the other information in this amended announcement remains unchanged as per the earlier announcement CS2-17072024-00116 dated 17 July 2024.

 


Announcement Info

Company Name KINERGY ADVANCEMENT BERHAD
Stock Name KAB
Date Announced 19 Jul 2024
Category Change in the Interest of Substantial Shareholder Pursuant to Section 138 of CA 2016
Reference Number CS2-19072024-00022