Dealings In Listed Securities (Chapter 14 Of Listing Requirements) : Dealings Outside Closed Period (Amended Announcement)
BackJul 19, 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 | 12 Jul 2024 | |||
| Description of Securities | Total Return Equity Swap("TRES") in respect of ordinary shares of theCompany | |||
| No of Securities Transacted | 13,300,000 | |||
| % of Securities Transacted | 0.670 | |||
| Consideration | Malaysian Ringgit (MYR) 4,987,500.000 | |||
| 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 nature of this transaction. Other than this, the other information in this amended announcement remains unchanged as per the earlier announcement DLR-17072024-00035 dated 17 July 2024. |
Announcement Info
| Company Name | KINERGY ADVANCEMENT BERHAD |
| Stock Name | KAB |
| Date Announced | 19 Jul 2024 |
| Category | Dealings in Listed Securities (Chapter 14 of Listing Requirements) |
| Reference Number | DLR-19072024-00012 |
Kinergy Advancement Berhad
No. 18, Jalan Radin Bagus 9, Bandar Baru Sri Petaling, 57000 Kuala Lumpur, Malaysia.