Additional Listing Announcement /Subdivision Of Shares
BackDec 05, 2024
1. Details of Corporate Proposal |
|
| Involve issuance of new type/class of securities ? | No |
| Types of corporate proposal | Private Placement |
| Details of corporate proposal | 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 ("PRIVATE PLACEMENT") |
| No. of shares issued under this corporate proposal | 61,266,000 |
| Issue price per share | Malaysian Ringgit (MYR) 0.3250 |
| Par Value (if applicable) | |
Latest issued share capital after the above corporate proposal in the following |
|
| Units | 204,769,778 |
| Issued Share Capital | Malaysian Ringgit (MYR) 184,458,745.280 |
| Listing Date | 06 Dec 2024 |
Announcement Info
| Company Name | KINERGY ADVANCEMENT BERHAD |
| Stock Name | KAB |
| Date Announced | 05 Dec 2024 |
| Category | Additional Listing Announcement /Subdivision of Shares |
| Reference Number | ALA-02122024-00016 |
Kinergy Advancement Berhad
No. 18, Jalan Radin Bagus 9, Bandar Baru Sri Petaling, 57000 Kuala Lumpur, Malaysia.