Name | DATO' LAI KENG ONN |
Descriptions(Class) | Total Return Equity Swap ("TRES") in respect of ordinary shares of the Company |
No |
Date of change
|
No of securities
|
Type of transaction
|
Nature of Interest
|
1 |
12/07/2024
|
13,300,000
|
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) | 388,096,525 |
Direct (%) | 19.540 |
Indirect/deemed interest (units) | 183,400,000 |
Indirect/deemed interest (%) | 9.230 |
Date of notice | 17/07/2024 |
Date notice received by Listed Issuer | 17/07/2024 |
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 CS4-17072024-00028 dated 17 July 2024. |
Company Name | KINERGY ADVANCEMENT BERHAD |
Stock Name | KAB |
Date Announced | 19 Jul 2024 |
Category | Changes in Director's Interest Pursuant to Section 219 of CA 2016 |
Reference Number | CS4-19072024-00009 |