Transactions (Chapter 10 Of Listing Requirements) : Non Related Party Transactions
| Type | Announcement |
| Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS |
| Description |
KEJURUTERAAN ASASTERA BERHAD ("KAB" OR "THE COMPANY" |
Pursuant to Rule 10.05 of the ACE Market Listing Requirements of Bursa Malaysia Securities Berhad (“AMLR”), the Board of Directors of KAB (“Board”) wishes to announce that KAB has on 24 October 2019 entered into Shares Purchase and Sale Agreement (“SPSA”) with Mr Chanchai Kitprotpisuth (“Seller”) to acquire 24,000 shares in EOT, representing 80% of the total paid up share capital in EOT, for a total cash purchase consideration of THB4,640,000.00 (equivalent to approximately RM642,176.00) (“Purchase Price”) (“the Proposed Acquisition”).
KAB and Seller are collectively referred to as the “Parties” and individually as “Party”.
Please refer to the attachment for further details on the Proposed Acquisition.
Please refer attachment below.
Announcement Info
| Company Name | KEJURUTERAAN ASASTERA BERHAD |
| Stock Name | KAB |
| Date Announced | 24 Oct 2019 |
| Category | General Announcement for PLC |
| Reference Number | GA1-24102019-00038 |
Attachments
- KAB-Transaction_Proposed_Acquisition_of_EOT(24.10.2019).pdf (Size: 189,857 bytes)
- KAB_Press_Release_191024_Acquisition_of_EOT_Thailand.pdf (Size: 407,153 bytes)
Kinergy Advancement Berhad
No. 18, Jalan Radin Bagus 9, Bandar Baru Sri Petaling, 57000 Kuala Lumpur, Malaysia.