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Additional Listing Announcement /Subdivision of Shares

BINTAI KINDEN CORPORATION BERHAD

1. Details of Corporate Proposal

Involve issuance of new type/class of securities ? No
Types of corporate proposal Acquisitions
Details of corporate proposal PROPOSED ACQUISITION OF THE ENTIRE EQUITY INTEREST IN JOHNSON MEDICAL INTERNATIONAL SDN BHD FOR A TOTAL PURCHASE CONSIDERATION OF RM50,000,000 TO BE SATISFIED VIA A COMBINATION OF CASH PAYMENT OF RM26,000,000 AND THE REMAINING PURCHASE CONSIDERATION OF RM24,000,000 TO BE SATISFIED VIA THE ISSUANCE AND ALLOTMENT OF 58,536,600 NEW ORDINARY SHARES IN BINTAI (BINTAI SHARE(S) OR SHARE(S)) AT THE ISSUE PRICE OF RM0.41 PER SHARE ("PROPOSED ACQUISITION")
No. of shares issued under this corporate proposal 58,536,600
Issue price per share ($$) Malaysian Ringgit (MYR)   0.4100
Par Value($$) (if applicable) Malaysian Ringgit (MYR)   0.000
Latest issued share capital after the above corporate proposal in the following
Units 554,995,840
Issued Share Capital ($$) Malaysian Ringgit (MYR) 169,028,137.000
Listing Date 30 Nov 2021



Announcement Info

Company Name BINTAI KINDEN CORPORATION BERHAD
Stock Name BINTAI
Date Announced 29 Nov 2021
Category Additional Listing Announcement /Subdivision of Shares
Reference Number ALA-28112021-00002




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