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TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS PROPOSED SUBSCRIPTION BY KAB SMART SOLAR ENERGY SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF KAB, OF 800,000 ORDINARY SHARES IN MAYANG HIJAU SDN. BHD. (MHSB), REPRESENTING 80% OF THE PROPOSED ENLARGED PAID UP SHARE CAPITAL IN MHSB FOR A TOTAL CASH CONSIDERATION OF RM800,000.00 (PROPOSED SUBSCRIPTION)

KEJURUTERAAN ASASTERA BERHAD

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description
PROPOSED SUBSCRIPTION BY KAB SMART SOLAR ENERGY SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF KAB, OF 800,000 ORDINARY SHARES IN MAYANG HIJAU SDN. BHD. (MHSB), REPRESENTING 80% OF THE PROPOSED ENLARGED PAID UP SHARE CAPITAL IN MHSB FOR A TOTAL CASH CONSIDERATION OF RM800,000.00 (PROPOSED SUBSCRIPTION)

Reference is made to the announcement dated 16 February 2021. 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 Subscription had been completed.

This announcement is dated 8 July 2021.






Announcement Info

Company Name KEJURUTERAAN ASASTERA BERHAD
Stock Name KAB
Date Announced 08 Jul 2021
Category General Announcement for PLC
Reference Number GA1-08072021-00067




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