News

Transactions (Chapter 10 Of Listing Requirements) : Non Related Party Transactions

BackJul 23, 2020
Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description

KEJURUTERAAN ASASTERA BERHAD ("KAB" OR "THE COMPANY")

- PROPOSED ACQUISITION BY KAB ENERGY POWER SDN BHD ("KABE"), A 90% SUBSIDIARY OF KAB, OF 7 ORDINARY SHARES IN KIEV CRG SDN. BHD. ("KIEV"), REPRESENTING 70% OF THE TOTAL PAID UP SHARE CAPITAL IN KIEV FOR A TOTAL CASH CONSIDERATION OF RM175,000.00 ("PROPOSED ACQUISITION")

Reference is made to the announcement dated 5 February 2020. Unless otherwise stated, defined terms used in this announcement shall have the same meaning as those used in the announcement. 

The Board of Directors of KAB wishes to announce that the Proposed Acquisition had been completed on 23 July 2020.

This announcement is dated 23 July 2020.




Announcement Info

Company Name KEJURUTERAAN ASASTERA BERHAD
Stock Name KAB
Date Announced 23 Jul 2020
Category General Announcement for PLC
Reference Number GA1-23072020-00096