New Issue Of Securities (Chapter 6 Of Listing Requirements) : Fund Raising
| Type | Announcement |
| Subject | NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) FUND RAISING |
| Description | KINERGY ADVANCEMENT BERHAD ("KAB" OR THE "COMPANY") 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") |
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Reference is made to the Company’s earlier announcement dated 20 June 2024, 21 June 2024, 27 June 2024, 12 July 2024, 19 July 2024, 27 November 2024 and 5 December 2024 in relation to the Private Placement (“Earlier Announcements”). Unless stated otherwise, abbreviations and definitions used throughout this announcement shall bear the same meaning as those defined in the Earlier Announcements.
On behalf of the Board, Malacca Securities wishes to announce that the first tranche of 61,266,000 Placement Shares issued pursuant to the Private Placement had been listed on the Main Market of Bursa Securities on 6 December 2024.
This announcement is dated 6 December 2024. |
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Announcement Info
| Company Name | KINERGY ADVANCEMENT BERHAD |
| Stock Name | KAB |
| Date Announced | 06 Dec 2024 |
| Category | General Announcement for PLC |
| Reference Number | GA1-03122024-00052 |
Kinergy Advancement Berhad
No. 18, Jalan Radin Bagus 9, Bandar Baru Sri Petaling, 57000 Kuala Lumpur, Malaysia.