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NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING KEJURUTERAAN ASASTERA BERHAD ("KAB" OR THE "COMPANY") PROPOSED PRIVATE PLACEMENT

KEJURUTERAAN ASASTERA BERHAD

Type Announcement
Subject NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
FUND RAISING
Description
KEJURUTERAAN ASASTERA BERHAD ("KAB" OR THE "COMPANY")

PROPOSED PRIVATE PLACEMENT

On behalf of the Board of Directors of KAB, Mercury Securities Sdn Bhd wishes to announce that the Company proposes to undertake a private placement of up to 169,180,000 new ordinary shares in the Company (“KAB Shares” or “Shares”), representing 10% of the existing total number of issued Shares (excluding treasury shares), to independent third-party investor(s) to be identified and at an issue price to be determined later (“Proposed Private Placement”).

 

Please refer to the attachment for further details on the Proposed Private Placement.

 

This announcement is dated 15 July 2021.




Please refer attachment below.



Announcement Info

Company Name KEJURUTERAAN ASASTERA BERHAD
Stock Name KAB
Date Announced 15 Jul 2021
Category General Announcement for PLC
Reference Number GA1-15072021-00099




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