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BackFeb 11, 2019
Type Announcement
Subject OTHERS
Description

SPECIAL ISSUE OF UP TO 34,000,000 NEW ORDINARY SHARES IN KAB TO BUMIPUTERA INVESTORS TO BE IDENTIFIED AND/OR APPROVED BY THE MINISTRY OF INTERNATIONAL TRADE AND INDUSTRY ("SPECIAL ISSUE")

 

(For consistency, the abbreviations used throughout this announcement shall have the same meanings as defined in the announcement dated 10 December 2018 in relation to the Special Issue, where applicable, unless stated otherwise or defined herein.)

 

We refer to the Company’s announcement dated 10 December 2018, 12 December 2018 and 17 December 2018 in relation to the Special Issue.

 

On 10 December 2018, Mercury Securities had on behalf of the Company, submitted an application to the SC for an extension of time of 6 months from 31 December 2018 to 30 June 2019 (“Extension of Time”) for the Company to comply with the Bumiputera Equity Condition.

 

On behalf of the Board, Mercury Securities wishes to announce that the Extension of Time has been approved by the SC on 11 February 2019.  

 

This announcement is dated 11 February 2019.

 

 





Announcement Info

Company Name KEJURUTERAAN ASASTERA BERHAD
Stock Name KAB
Date Announced 11 Feb 2019
Category General Announcement for PLC
Reference Number GA1-11022019-00058